Bioprogress is a stock I have been in and out of quite a few times since it floated in May but not much mention here on the Investors' Room. Does anyone else follow this stock. I see it is up 1.5p today and a few good buyers seem to have appeared.

Always difficult to determine why the price has shot up today after a poor start, except to say that the NASDAQ listing, although delayed, is good news, and the market is waking up to the potential of the US tech savvy investors piling into this stock in a few days time!

Yes,but is'nt the bloomberg news price sensitive?

RNS in the morning plus Nasdaq listing...maybe.....

emailpat: In an orderly world you would expect co-ordination between both companies on price sensitive announcements. This announcement must have slipped through..after all it does put BPRG on the map...perhaps management's attention is on the NASDAQ issues! It will be interesting to see if BPRG issue a follow up RNS.

Rather naughty (or an oversight at best!)of BPRG to post an RNS this morning after the announcement coming out in the US yesterday..during UK trading hours!

Bprg trading $21.7 on nasdaq..represents 10 shares/ 1.8 (cable)
gives a uk equivalent of 1.205 GBP currently trading at 1.26 GBP
which way to go? long NASDAQ or short london? decisions..decisons

The yanks are getting a bargain, won't be at these levels long (hopefully) if all the rumoured deals come to fruition.... DYOR.

I agree... sold in the panic at 1.29.. bought back again
at 1.23... trying to buy some yank adrs

bid offer 22.50 - 24.... GBP 125 - 133.

Loading up in the morning..IMHO a reasonable
short term trade..again..

Probably has 130 in it over the day.. DYOR

In for the long term want alot more than 1.30 for my shares...

It will be a lot more than 130p....see below.

New China deal for Bioprogress
MoneyAM
Drug delivery technology company, BioProgress, said it has signed a licensing deal for China and Taiwan for its Soluleaves dissolve-in-the-mouth films that could yield 'at least' $2m to revenues over the next two years.

The announcement comes on the day BioProgress makes its debut on the Nasdaq exchange in the US, with is American Depositary Shares listed under the ticker BPRG.

BioProgress said it has granted to AXM Pharma Inc two years' exclusive distribution rights in China and Taiwan for Soluleaves delivery of children's multivitamins, vitamin C and echinacea. They will be manufactured by BioTec Films LLC in Florida and distributed by AXM under the Sunkist brand and AXM's house brands.

'I am confident that (the deal) will add at least $2m to our revenues during the initial two year period, with the majority of this flowing straight through to the bottom line,' said BioProgress chief executive Graham Hind.

Now $24-$24.25 should open up in the morning

Janus where are you getting that quote? I have tried several places and can't get any?

Jumpin, That actually came from a friend in the US but you should be able to get it on the Nasdaq site or even Yahoo when the market is open

http://tinyurl.com/4ppq2

http://finance.yahoo.com/q?s=BPRG

I tried that and several other places but no quotes yesterday

you will get a quote on cnn money.com when it is added to the adr list today or monday

Jumpin
go to www.nasdaq.com and get quote with bprg.
geoffcow

This time next year it will/should substantially higher.

Why the drop today?

Jumping, surprised that you say you have tried the Nasdaq link I posted and it didnt show the bid/ask price, just checked and it is there now $ 21.50 / $ 22.85

http://tinyurl.com/65yrb