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The frustrating thing with all new products that ITX are involved in I'd the time taken from proof of concept the commercial sales. The good news is that there is a vast pipeline of products with a variety of customers. This gives a stable position for long term growth.
The drop in SP is frustrating and if I had more cash I would be stopping up. This is by far my largest holding and I will continue to hold as those company grows.
The very good news is that this solves the cash flow problem and allows for faster growth. Cash flow was a concern for this year and that held back the sp growth a bit. It is always frustrating to see the sp fall. If they didn't do this quickly it could have dragged the price further.
It will take a few days or a week or to for people to collect their thoughts on this then it will rise quickly again.
I have been trying to buy more but it wont let me.
This is a good sign of things to come.
Arb has made many people rich. it has also unbalanced their portfolios. The recent drop is because people are banking the profit.
It has nothing to do with the value of the company(which is now very undervalued even if BTC drops a bit more which I dont think it will)
I do expect it. It just has to get to the highs that we saw this week. Then 50 percent from there.
We saw 45 percent in a day.
This has been undervalued because of poor finances. This has been corrected. There are now a vast range of customer products using this. So increase in output for no additional investment. Increase in awareness of climate impact and a range of new opportunities.
Ramping maybe but only within possible scenarios.
Many of these consumer products have a long development time then can take years to ramp up to volume. We are past the development time with some and started the ramp up. This is only the beginning and I'm very happy to see how many products we are in.
This is very low risk at these levels and a rotating is overdue.
Does anybody understand the reason for lots of small trades?
I would have expected the fees would not make sense to do this.
Is it some kind of passive fund that has to automatically buy?
Is it a company wanting to take over and are buying up all available shares?
I'm not complaining. It is having a positive impact on the SP.