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''.