Member Info for Verney

Doubt it .
Following the Olympics more like a surge in BMX bikes and skateboards. Then Tour of Britain will lead to road bike demand, e scooters are a given . The demand for all of the above will accelerate up to Christmas.

In a recent RNS Filtronic did state they have a supply chain issue with Semiconductors. Don't know them well to know how much of the product range is impacted. CNBC this morning said Semiconductors are still in constraint and take around 6 months to produce.

Elsoll
Totally agree

Sounds like ITX isn't the one for you. Perhaps it's better for you to move on. You will just give yourself ulcers and sleep depravation with the worry.

Justdeezerts
Excellent synopsis of recent events.

Personally I feel I have been mugged twice for the same news  and your summary has bolstered this for me.  As you say an 'unprecedented 5m TU ' (why?) that ultimately produced a SP drop that was way over sold IMO. This coupled with the TU this week, which in essence, just regurgitated the 5m one,    and the SP drops again. (of course some triggered by stop loss)

Anyway, I have not sold any stock and standing my ground on the basis ITX  has a solid future.

dougerboy I have never seen this document before now, it is an eye opener. I really did not realise the size of opportunity available. Wow !
Thanks

Could this ease of restrictions to US citizens be to smooth a pathway to a US listing (NYSE/Nasdaq). With the majority of business in USA at present and the ITX test bed for products sales (if it sells in the US it will sell anywhere). Why not make it easier to trade by within the US by US folk. This is a far larger trading market to harness .

Just thinking out loud.

I think Itaconix  have the right products at the right time with a 5 year head start (ref AGM Webinar) to any new entrants. Couple this with strong consumer driven demand,  political presure (Biden in particular) and no debt it supports a Virtuos Cycle model.  I would like to see more marketing  to SME's who can mop up any surplus stock, if any, from minimum economic production runs and who will make us less reliant upon a few large customers therefore offsetting any Pareto concerns (80% of rev from 20% of customers) on revenue streams.

I bought in at 2.5p have topped up since and in for the long term. The only Head and Shoulders I will be looking at is the shampoo. No stock goes up in a straight  line.

All IMO.

Exctracted from Investor Meet Company website lasts years interim results were presented in October.

Interim results for the six months ended 30 June 2020

28th Oct 2020 at 1:00pm GMT

According to InvestorMeetCompany (https://www.investormeetcompany.com)
who hosted the AGM seminar, results are expected early September . I can only guess this may be due to customer payment terms (30, 60, 90 days) and when they can close the books.