RE: Itaconix plc9 Oct 2020 11:28
Hi guitarman, welcome. I haven't been in as long as some, so won't have all the backdrop. I bought in at a similar level 2.25p, when Woodford pulled out. Him leaving decimated the SP, along with others such as XSG. It was a shame because he had a good eye for micro cap companies with big potential, of which both XSG and ITX are. I agree it is undervalued still here, and probably still has a little overhang from the recent past. I don't think it helped when John Shaw threatened to take it private.........that sort of thing spooks investors. That is all in the past now, and they're on a stable footing and upward trajectory. They'll no longer need any share placing dilutions and the Directors have a lot of skin in the game so expect this to continue to rise. Sales are rising exponentially atm. GL