LONDON (AFX) - Provexis PLC said it has entered into a long-term collaboration agreement with Unilever PLC to jointly develop a new concentrated format of its patented Fruitflow heart-health technology for application in Unilever's food product portfolio.

Financial details of the deal were not disclosed.

The partners plan to enter into a global licence arrangement for the technology.

Fruitflow is a patented natural extract from tomato which Provexis said has been shown in human trials to reduce the propensity for aberrant blood clotting that is typically associated with cardiovascular disease and which can lead to heart attack or stroke.

In 2005 the market for heart benefit foods was worth 4 bln usd globally, Provexis added.

Considering the growth potential this share has a target of about 8-10p in the medium tern and is a good buy at current levels

As usual, pls do ur own research.

ok you win. nite nite

They certainly were not all sells! It is not clear how many were buys however, nor can it be with the system used.

BB

There are two concepts you need to understand.

1. MMs are allowed to delay the reporting of certain sized trades, dependant on size by stock exchange rules. This is based on the NMS (Normal Market Size). I cannot remember the exact rules but I'm sure they're available on the web somewhere.

2. The trades reported on AM (and other financial websites) are determined as buys or sells dependant on the spread at the time of reporting. For example if a trade goes through at 9.5p and the spread is 8p-10p the AM algorithm will report the trade as a buy. This has nothing to do with the MM, purely the AM software.
If the trade is at 9p with the same spread the trade is reported as 'unknown' because it falls in the middle of the spread.

When you combine these two factors you can see that a large buy which is allowed to be reported late will invariably fall into the sell column. This is why the trades table must be taken with a large pinch of salt (waste of time with SETs stocks). If you are glued to L2 all day you can probably determine what are sells and buys by the reporting time and what happened on L2.

just surfaced, having eaten and drunk far too well last night in Chalon-en-Champagne

Captain PTH (RN not Homeguard!) should be saluted and called "sir" when you address - insolence will see you clapped in irons!

Could not bring myself to get in...must be the stock of the year 18p now...unbelievable...

O H M Y G O D !!!!!!!!!!!!!

Had the chance to get in at 15.5p....thought that was too high...now 23p or so...

It's another stanelco except that this one might be for real....and SEO is going the other way today...weird...bravo to those who spotted this at a few pennies, what a discovery...

it's actually pulled back to 15.5 ...... have put in a stop at 14.25, and if it gets hit, then so be it ...... however, as shall be off-line for most of day, would rather get stopped out too early at massive % profit, than to find sp had tumbled all the way back to say 10

Very good luck to you.

I'm finding most trading sites aren't working very well this am which compounds the issues.

They're probably all bombarded as word has got out about PXS!

as for 99.75% of the time, the IG platform and L2 working just fine

Must be just mine then!

At long last got in on the pullback...but for how long ?

Just seen this:

RNS Number : 1747Y
Provexis PLC
28 August 2009
PROVEXIS PLC

('Provexis' or the 'Company')

Recent share price increase

Provexis plc notes the recent movement in its share price and wishes to confirm that it is not aware of any information relating to the Company that would lead to such a movement in the price of its ordinary shares. As announced on 7 August 2009 the final authorisation procedure by the European Commission in relation to Fruitflow, the Company's anti-thrombotic technology, is still under discussion. An update will be provided in due course.

thats done it then RF.... definately be lower for me to get in. lol

It's a small punt for me....how I wish I got in sooner...trouble is I know nothing about this or precious little about this aspirin replacement thingy...

Would you believe this : up to 23p and now down to 14p....

pxs have made the required statement--we know of no reason etc.. they have to do that to take some of the frenzy out of the dealing. gkp did that but it hasn't stopped the rise! I think mms were out of shares so they've moved it around to shake some out imo. back up by close I think--exciting times!

There were people buying at 22p plus..