RE: New boy3 Jul 2020 12:45
Mushyd, others can assist you with more info on the product range and the benefits of polymers that ITX market. However, from a financial perspective, this has been held back on funding concerns and a question on whether they may remove the listing and go private. That has now been resolved with an oversubscribed placing recently, which supports the company until at least the end of 21. Likelihood is that they won't need additional funding unless they're looking for significant development in product range/capacity.
Order book is very strong, particularly with the covid situation, whilst the directors have significant skin in the game - John Shaw owns more than 10% shareholding. I bought in at 2.2p and now the dust has settled, I expect it to uprate significantly from here, well beyond that figure. DYOR and GL, I note you're also in EQT and GDR like myself. If you buy in here, you'll likely have timed it well, as I expect this to be the bottom now all the clouds have dispersed. IMO