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.

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

Afternoon all,i am just a lurker with no position at the moment but as things are developing i my be on board soon!!a lot depends on an entry price.

A big drop if i may say.

Any thought`s on a price entry of around 1.00,,or would it be to much to ask ??

hlyeo98 - It really isn't important unless you are short term trading. If you are ST, you should know how to deal with the movements (stop losses etc). If longer term (I have held since August 2003 and added since), one day's gyrations are not important.

If you are looking for a reason it is probably the hype surrounding the Nasdaq thingy. I expect people regarded it as a float (whereas it is only making access to the AIM shares easier for the American institutions via ADRs) and expected instant demand from every share buying American. The ST traders are taking the opportunity to close longs or open shorts following the "disappointment" of this lack of instant demand!

1000th post. he he

You got be long, if you hold shares now, whatever price, you are going to be much better off this time next year (unless we have a disaster) hold and keep the faith.