Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Like the key deal part. Could also open higher 🤞
Aim rules this meant that the shares were automatically suspended.
"We had been engaged in a fundraising process and had communicated to the market that we needed to raise funds this year," he said.
"We delayed the fundraising because we were waiting for a key deal with AkzoNobel to be agreed before we felt we could engage with investors. We still have enough cash, we aren’t in any insolvent situation."
Mr Matthews expects Itaconix to raise £3.2m through a share placing with new and existing investors. He said it would probably take up to 10 days before the shares could start trading hands again.
"Woodford will be supportive and others have indicated their support. We would expect this to get us well through 2019 and into 2020," he said.
US-based Itaconix has a complicated history. It developed a technology back in 2008 that enabled it to produce polymers made out of corn, rather than petroleum, at an industrial scale and without costing huge sums of money.
The hope was that biopolymers would become the next big thing as companies in the business of making things like shampoo and laundry detergent looked at more eco-friendly ways of manufacturing their products.
A week on Tuesday 😁
Hi, does anyone know if itaconic acid is being used to make polymers for the oil production increase in oil fields!
They had the same potential few weeks ago and were trading at 0.7 of a penny 5 times more now and yes Supreme Court decision came but that was always 75% chance
How about some American money men buying Webis out now gambling is legal.licences set up, racetrack owned, 5th largest client base up and running.
How�s the American listed companies doing on the nasdaq?
5th largest number of gambling clients on their books in US. How much is that worth to William Hill.
Well they are definitely pushing on at quite a pace now. Looking very good.
Why nearly a 17% spread
Upto 13.1% Been buying at all drops it seems
8 trades today and 4.5 p rise.
72k buy
1.7 million pounds issued in notesend of month will see this company turn into profitable company. No share holders going to go against this issue.
Hmmmmmmmmm what gives, no news out😀
was thinking why the drop when the 30000 pounds was granted in shares at 0.5p so this should be easy target to reach.good to see some news in yhe RNS, is there any more to come,news from Asia?
Can the people taking a wage; making a living out of ALR please make a comment to the market of any developments,investments ect.
well,things are gonna move,dec 2013 accounts in morning or last thing tonight.