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
have now done today what i should have done yesterday (and had even set up to do!) and sold all bar my original holding .... only difference is that i have taken a loss instead of a bloody great profit .... what a stupid bastard!
oh dear oh dear .... isn't forsesight wonderful!!!
sp has now jumped to 10.0 bid so could have sold at a profit, but never mind, for have done exceptionally well over the last weeks, and every so often foolish mistakes occur
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i still hold 50k on which i can still make a decent profit or even build on if i so choose ..... certainly will no longer be scary when they move a copper or two
why? ..... because i am greedy like the rest of you, or that i somethimes fail to take my own advice or that i am prepared to bite the bullet when necessary?
BB .... no i didn't and it was a loss that actually did no great harm ..... it was just singularly stupid of me not to bank at least partial profits along the way as i strongly recommended everyone else to do ..... generally this year i have been pretty disciplined at doing that
9.1m buys to 6.3m sells
presumably there is some sentiment that the 7.5 to 9p range this was hovering around last week before this recent rise/fall was the correct place for the sp.
can see another mixed up day coming...any further rises may see a lot of people bailing out if they didn't last time for fear of falling into a loss again. cynic I suggest you try and hold on to your remaining shares until some real news about agreements is issued