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@researcher my comment re binary was in specific reference to FDA approval. If they didn’t get FDA approval the impact on share price would also be pretty dramatic (in all the wrong ways). Thankfully I don’t think that will be the case.

I strongly believe that FDA approval will send this rocketing. The reason is that these binary bets are priced similarly to a win or loose bet in the bookies. If you want to “cash out” at half time even if the team is winning 2:0 you only get a fraction of the win value.

Really pleased to have stumbled across Angle. Despite the price growth that I have missed out on I think there is much more share price growth to follow and several big catalysts due soon including hopefully FDA approval. Very impressed at the number of academic papers and the science supporting this.

Looking at the trading volumes today it does make me feel big news is about to land - maybe an RNS / trading update in the morning?

I can buy on interactive investor but at 14p - looks like another new high threshold about to be broken

Just think today’s good news is relatively small compared to what’s to come. I’m not going to begin to guess where the SP will be after the next trading update. With such a small float soon getting ITX shares will be like trying to get your hands on a Rolex Daytona!

@ Elsol and EoB I agree it’s always good to remain balanced. I am by nature overly optimistic which has both made and lost me money investing. If I were to be picky and find a worry with ITX apart from the challenge of massive upscaling and hopefully not going for an early buyout my short term concern is that we haven’t had a recent trading update though I know from others more experienced here that they aren’t expecting one until H1 in ? July. Always good to sleep with one eye open!

It’s remarkable how much the price rises despite relatively modest sized buys, presumably because the available float is so limited. All bodes incredibly well for when the next piece of good news arrives. Of course that cuts both ways in the unlikely event of any bad news but I am staking my house on there being good news in the not too distant future. The H1 trading update could be life changing for those of us heavily invested here.

Just made another top up. I have a feeling there will be news coming soon which will send this well beyond the 10p mark and know I will kick myself if I don’t top up whilst they are this cheap. Ten pence a share is ridiculously good value.

Given the lack of logic to current travel rules such as not allowing fully vaccinated people to travel freely and subjecting them to pointless testing on return, I’m beginning to think that the government is doing this to stimulate the U.K. economy. Rather than spend British pounds in Europe you have to spend them in Britain!

Interest continues to grow

What a great comment, sums up where this company is going this year:
“I've watched the business go from strength to strength over the past few years and understand the potential for this year's exploration programme to create a step change in shareholder value. I'm delighted to be a part of the Company's future as it transitions to a mid-cap producer. I'm looking forward to working alongside the Board and management team to deliver on this next phase of growth."

Thanks Thordon just hope any takeover doesn’t happen too soon

I see that IP Group hold 11.2% of Itaconix equity.
“IP Group aims to generate positive social and environmental impact alongside financial returns by offering shareholders exposure to a diverse portfolio of opportunities of high-growth businesses in growth markets. IP group and it’s portfolio companies have the potential to influence the major global challenges addressed by the UN’s 17 sustainable development goals”.

Does anyone know who are the other institutions holding Itaconix?

Topped up for second time in 2 days. Anything around 10p is a steal. With 51.74% of shares held by insiders and a further 34.25% held by institutions that leaves the rest of us just 14% to try and get our hands on! Which means any positive news (eg next trading update) is likely to send this rocketing.

Does ITX have any debts? Reason I ask is a lot of companies are refinancing now whilst interest rates are rock bottom before they start to go up. If so it would make sense to act now.

We will see 220p today

I still think there will be an update before July so I will keep adding on any dips. Though to be honest if this is going anywhere near the share price I envisage in future it really makes only a small difference whether I pick up at 10p or 12p

as always it’s the last line from LC that gives it away “ We are now in the process of determining to what extent the higher recovery rates may improve the already robust project economics and will be updating the market in this regard in due course".

In other words more delay and no viable deal. Sorry to sound so negative but there’s always something else and the promised land of milk and honey.