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Itaconix – Woodford dog in need of funding (natch) says “there can be no assurance” & considers AIM de-listing…

By Steve Moore | Tuesday 17 March 2020


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


I’ve consistently warned on Woodford “leading innovator” Itaconix (ITX) – most recently concluding earlier this month, with the shares then up to 1.70p, the latest ‘news’ conveniently timely? However, still facing the noted financing situation from a £4.6 million market cap, natch still avoid / sell. Today “Company Update on Funding and Business Plan”

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