Our live Investing Matters Podcast Special which took place at the Master Investor Show discussing 'How undervalued is the UK stock market?', has just been released. Listen here.
With the big pile of cash on balance sheet I'd say great buy snooz. It means you invested in the underlying business at approx 2.5p in old money. Bargain. My carry price is about that originally a few years ago and still a very strong hold for me. It's like saying majority of the historical R&D invested and patent portfolio is worth zip which we know to be untrue
New Brokers note out. Can anyone get it and share open link....Canaccord Genuity has published a new research note on:
Itaconix plc.
When does ITX get promoted to investors in US? I guess we wait and see deal flows increase as word gets out state side
I have no clue other than the seller needed the cash! Weird to sell at this point before the consol and US shr marketing campaign is weeks away that may bring some immediate gains. Just looked at the NASDAQ tech/growth stock trend last few years - surprised its held up so well over 2023. It just means the "valuation gap" between UK and US stocks generally is even bigger than it was before AIM trended southwards so the likes of ITX must be looking very cheap now from US investor relative bang for the buck perspectives. Even considering the small cap nature if AIM which also has a large discount v's other indices.
Maybe, but the strong growth story is already playing out for long term investors to see. I think the gradual uptick will come over a 4 to 6 mth period beyond consolidation as proactive investor side comms kick in state side raising private investor awareness
HOORAY indeed Smart-Inv'or. At last, makes perfect sense for US Market access and driving greater share demand into 2024 for ITX since US investors are generally much more long term savvy investors not short term day traders like many UK AIM folks.
Warren....here's your RNS. More proof on strong growth flowing in. Great result.
In the context of the eventual new SP post consol. It won't matter too much since we will still prob be in low single digits US dollars and not 100 US DOLLARS per share and in sweet spot for new investors either way. Art rather than science this consol. Just need a big consol to get into flavoured zone with various US private investors.
Much of our conversations have been about today's virus configurations and mutations...but the beauty of SNG001 is its a braod AGNOSTIC platform TX rather like a dam to stop water ingress..so the TX value to society is immediate (if given early) against probably all serious emerging respiratory viruses without going to the lab to tweet a monoclonal or focused therapeutic or having to adjust your vaccine to new target episodes. Simple protection now not in 6 months time
Hi why June time please explain that month mentioned. Thanks
It's great to have some specialist investors increasing. Shows they feel there is a good investment case. Re: 10m cash. It just gives greater strategic and investment optionally to move quickly to grab market opportunity and mange volume capacity uplift.
Missing link on use of such big funds...something in the hopper here. Interesting. We may now get a brilliant web site now!
Indeed.... instead of injecting foreign biological material into our veins that can prove fatal or hazardous....why doesn't some high up ( bigwig in big pharma R&D / Medical) see the massive light bulb above their heads and realise a bio -friendly and completely natural protein product can easily and safely be delivered to site of viral attack, via like a Moroccan puffa pipe!!!! Snorting is better than injecting, it works better
And not to mention derisked capital structure
You could be right given share consolidation and US PI buyers coming through. ITX is going to look a cheap high growth stock in comparison with the higher prevailing US listed valuation multiples for sure = demand on the share
OMG....after reading this thread, can't wait for AGM in person meeting of our cohort of mature beloved shareholders once planning a friendly celebration..to today, now im just imagining the AGM a few injured, few black eyes and a few glasses being thrown around in the local pubs afterwards. What an investment roller coaster this has been so far. Bored now: RM just bring on the end game as we all deserve a break from these slanging matches don't you think?