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Provexis Buy at 3.25p - Target 8p (PXS)     

peeyam - 08 May 2007 11:30

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.

blanche - 23 Sep 2009 15:11 - 614 of 1204

Plus just like to say, Could be something very fishy going on here as well, As its not definate the funding and 33million shares have been sold so far. With 3o million buys. Somebody mopping up alot of lovely cheap shares!!!!!

cynic - 23 Sep 2009 15:42 - 615 of 1204

try close on 70m traded - info from L2 (IG) platform

halifax - 23 Sep 2009 15:56 - 616 of 1204

slowly gurgling down the plug hole... who pulled the plug?

blanche - 23 Sep 2009 15:56 - 617 of 1204

Whats a few mil between friends. just went from moneyam

halifax - 23 Sep 2009 15:59 - 618 of 1204

too many tomatos may be bad for your health!

kosyboy - 23 Sep 2009 16:00 - 619 of 1204

Who thinks these will go back up??????

halifax - 23 Sep 2009 16:02 - 620 of 1204

ask the mm's they have done quite nicely.

cynic - 23 Sep 2009 16:02 - 621 of 1204

extraordinary isn't it ...... i would hazard a guess at a lot of forced sales and margin calls as this stock is exceptionally margin-greedy - e.g. 75% at IG

it's surely becoming tempting to try to catch the falling knife and to trade same nimbly

halifax - 23 Sep 2009 16:04 - 622 of 1204

cynic how fast can you run?

cynic - 23 Sep 2009 16:16 - 623 of 1204

nowadays not so hot!
interestingly, quote is/was 7.60/8.00 but could buy at 7.70

Balerboy - 23 Sep 2009 16:25 - 624 of 1204

Not could.... should..... will you..... are you????

Balerboy - 23 Sep 2009 16:29 - 625 of 1204

Only 1 mil between buy's & sell's

moneyplus - 23 Sep 2009 16:31 - 626 of 1204

I tried to double up again but b--dy selftrade playing up again so it wasn't to be!! chwi doing well today--you'll hate that one cynic! what's the betting I can't sell it when I want to. Selftrade really needs to invest in better web dealing!!

cynic - 23 Sep 2009 16:31 - 627 of 1204

did!

Balerboy - 23 Sep 2009 16:32 - 628 of 1204

Oh well thats that then till tomorrow, reckon it'll drop a bit more, hopefully not too much. 1p under my average is'nt enough to buy more at mo.

Balerboy - 23 Sep 2009 16:33 - 629 of 1204

you devil !!!

Balerboy - 23 Sep 2009 16:48 - 630 of 1204

How come you've bought more when you didn't like fruit juice in the first place..............telling porkies again, you liked this company from the start.....own up.

moneyplus - 23 Sep 2009 16:50 - 631 of 1204

I do wonder what they need the money for--could there be plans afoot all to the good of the shareholders? they don't appear sure that they actually need the money but just laying foundations.

cynic - 23 Sep 2009 16:51 - 632 of 1204

hadn't even heard of it to start with, and certainly can't remember why i got interested other than sp kept going up ..... bought the last slab because it looked a reasonable bet for turning a couple of shekels - it's already and genuinely in the money (just), so it'll be interesting to see what happens tomorrow

halifax - 23 Sep 2009 16:52 - 633 of 1204

not going to raise 5m from institutions for no good reason.
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