logo-loader
viewItaconix PLC

Itaconix PLC: New Wave deals show there's 'plenty of channels to keep growing the business'

Proactive Research analyst Ed Stacey gives his view on the recent supply and licensing agreements signed by Itaconix PLC (LON:ITX) (OTCMKTS:ITXXF) with North American detergent supplier New Wave Global Services Inc.

''We saw a decent move in the share price when this news came out ... the approach is still very much to grow the business - it is growing, it has been growing and this deal just reassures people that there's still plenty of channels to keep growing the business''.

Click here to read Ed Stacey's latest update on Itaconix - expanded opportunity in detergents

Quick facts: Itaconix PLC

Price: 0.6 GBX

LSE:ITX
Market: LSE
Market Cap: £1.61 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Itaconix PLC named herein, including the promotion by the Company of Itaconix PLC in any Content on the Site, the Company receives from said...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Proactive Analyst Ed Stacey looks at Itaconix

Insight from Ed Stacey on Itaconix (LON:ITX) as it agreed to terminate its agreement for Nouryon to exclusively distribute Itaconix polymers, following their statement. Word here too from Stacey on how Itaconix is still selling well in the dishwashing detergent space and where that leaves the...

on 20/1/20

2 min read