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.

AUL is worth a look--I only hold a tiny amount also YGH and MWA.

Steady as she goes now til news imvho. have an excellent weekend one and all.

P.s Gutted i missed out on the kaz rise. As its on my watch list.

Nobody blogging on the opal fruit hotline here ?...bizarre...bizarre...

Another steady as she goes day here. Bit more stability imvho.

From my thread "UPS" .......

PXS 8.32 / 8.56p +0.45p

As the day gets into the end, the spread narrows and the bid goes higher,
normal on the order book, as is trading there since this morning.

RNS non executive director resigns, is this good news or......

Good news if is being replaced with a higher quality one
One from a FTSE company would do.

Oh master read the RNS doesn't sound good to us for a director to go so suddenly without explanation.

unless he has a conflict of interest - e.g. on the board of potential predator

cynic thats a really good reason,more likely he wants out before the you know what hits the fan!

it caused me some concern too, though curiously sp has stayed solid, even if volume is now back to normal levels ...... on balance, have decided to stay put with whole holding (only 75k shares, so not exactly massive)

It takes time for the penny to drop!

Price held back today imvho

where do all these conspiracists come from?

Jonathan Diggines has been a non-exec director so shouldn't have as much of an impact as if he'd been an exec. However, he's well known as 'a deal-maker' with relevant contacts in the food and drinks industry, so on that score his resignation could perhaps have a negative impact - unless it is for reasons of conflict of interest.

it's the "with immediate effect" with no other comment at all that is more than a little curious

Indeed so - best keep an eye on the sp!

Didnt affect the sp yesterday when the news came out.

all interesting stuff ...... sp has improved sharply this morning (+0.92p = +11%) to 9.30 bid on pretty strong volumes, but no further news at all

re - best keep an eye on the sp!

I never bother about those " nonsence" negative reasoning, as the Share price was very strong yesterday and again this morning, so much that I said on another thread .......

Master RSI - 18 Sep'09 - 10:08 - 328 of 337 edit
KEEP an EYE

PXS 8.30 / 8.70p

Finally moving higher since yesterday with volume, had a good retracement since reaching 22.25p at the end of August.