https://www.researchgate.net/publication/269583073_Review_of_Maleic-Itaconic_Acid_Copolymer_Purported_as_Urease_Inhibitor_and_Phosphorus_Enhancer_in_Soils
Scientific research paper looking at Maleic itaconic acid copolymers for use in soil, from 2014, relating to Avail and Nutrisphere.
Also, the AVAIL page you linked to Thordon is copyrighted 2015.
Doesn't seem to be linked to ITX unfortunately.
Agreed. This is a quietly confident, well-run company.
They are weathering the economic headwinds with impressive resilience. It goes to show what a nimble, forward-thinking board can achieve.
One to hold onto for sure.
RNS released today, a Croda NED bought £53,000 worth of shares at full market price.
Must be confident that whatever economic tailwinds are coming up won't affect Croda too badly. And if the market for Croda's products is performing well, then that's a good read-across for ITX too.
It's an illiquid stock so very few buys/sells and a wide spread. Only 2 trades yesterday, both buys.
Still, it's nice to the sp rising rather than falling.
But these shares are tightly held, so any real positive news will cause a rocket.
Excellent summary, Justdeezerts.
That was certainly my impression of the price drop at the time. The 18-24 months comment.
However, knowing that the board like to undersell and overdeliver, and knowing that the world (esp. UK) has been an absolute sheisse-show for a few years now, it is very prudent of Jon and the ITX board to play it cautious. Who knows what black swan event(s) might occur, or when the PM might open her mouth again, and send the UK's valuation and reputation plummeting?
My view is that 18-24 months is the cautious view, and that, barring unforeseen mini-budgets from any of the next several chancellors, the route to profitability will be quicker than that.
Stating a quicker timeframe would only leave them open to missing that target. A smart CEO will want to exceed targets. Jon is a smart CEO.