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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: 0.625 GBX

Market: LSE
Market Cap: £1.68 m

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