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.

cynic how fast can you run?

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

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

Only 1 mil between buy's & sell's

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!!

did!

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.

you devil !!!

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.

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.

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

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

Money plus
self trade ,try Hsbc invest direct share dealing 6.95 per trade .had no problems over a year web dealing so far!

if the trades shown on MAM have even a semblance of accuracy, it is amazing to see that sells barely outnumbered buys ..... that could make life interesting tomorrow, but shall have to wait for the next exciting episode

well it's certainly enlivened the board here....

tune in tomorrow for more edge of your seats action

MP, you do talk crap, of course they need the money. They've been a mickey mouse company with a SP of sub 1p and stuff all income. Whatever they may have, they need to market and that takes cash. The recent rise has been based on a bit of news, ramping on every financial web site and herd mentality. If they can get a fund raising away at 3p, they've done well; which of course will dilute exsisting shareholders by another 150m shares or nearly 20%. At least once a year, one of these companys comes around (BPRG, SEO, DVS etc, etc). The investors who were lucky enough to get in at the bottom post endlessy about long term investments and watch as 10, 20 bagger profits disappear because it's going to become a 100, 1000, whatever number you can think of make me a millionaire bagger.

Hope I'm proven wrong and it makes you all loads, but it probably will not for a while. Those who jumped on the bandwagon late, won't be able to get off quick enough when the placing price is announced.

like me you mean Peter!
i actually marked up my papers last night to sell a large slab of my holding, but of course when sp started strongly again this morning, i held off - and quite rightly suffered the consequences!

never did understand the mickey mouse analogy or how it arose......disney after all is pretty substantial...

GN - let the numbers etc do the talking on friday .... am i correct in thinking there is meant to be something happening then?

cynic? not sure what you are refering too...unless someone slipped you some insight.....