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Provalis - due to break out this week ? (PRO)     

overgrowth - 20 Oct 2003 23:22

Rumours abound of good news coming from the AGM on 23rd October. Trader Mark Watson-Mitchell reckons it's good news on Glycosal products, others are more excited about G5 prospects. Either way it looks as though PRO should be well up by the end of this week.

I'm surprised not to see any comments on here yet. Are there any other PRO investors out there?

overgrowth - 22 Oct 2003 19:20 - 2 of 9

Still quietly nudging up this week.....even today with an overall downtrend.

boroboys - 27 Oct 2003 14:46 - 3 of 9

Maybe the agm didn't go as well as planned, personally speaking I don't know why it's been hammered last few days, other than the expected agm news couldn't be released, maybe soon though, last few days of trades madness.

overgrowth - 27 Oct 2003 20:09 - 4 of 9

Boroboys,

The AGM news was not as spectacular as most had hoped, the figures were ok and showed that PRO is still heading in the right direction, though needs to capitalise more on sales particularly in the US. All the T10 speculators sold-off immediately and there there has been a gradual drain until today, where PRO dropped 1p and then came back to .5p down.

It looks as though the sell-off has probably petered out now and we could see them rise back gradually to the 11p mark before the end of the year. We're looking into 2004 before the spark appears to ignite this one.

Of course, at any time contracts can be signed so worth keeping an eye on them. I've still got a core holding in PRO as I believe long term they have good potential to rake in serious profits - which will mean serious price rises to keep us happy.

jen2000 - 30 Oct 2003 16:49 - 5 of 9

PRO is going to fly big time. The AGM report states they will be more announcements about products. IMHO

Golddog - 31 Oct 2003 16:30 - 6 of 9

Ah the memories! This was the first ever share i lost money on when i initially started Investing. Never touched it since.

Maggot - 31 Oct 2003 18:26 - 7 of 9

Goldog - me too! I bought 5,000 worth at 2.20 when they were Cortecs, and I'd never seen a bear market before (neither had my broker, obviously). That's why I've still got them!!! And I'm going to keep them until they are 10 and I'm 150.

nematode - 31 Oct 2003 21:49 - 8 of 9

Maybe one day it will fly!!!!

Golddog - 01 Nov 2003 16:25 - 9 of 9

Maggot, Nice to meet a fellow Provalis loser! At least i did sell mine so i no longer have them haunting me. I hope you have a big party when you reach 150! Please enjoy a cuppa compliments from GD's Tea Rooms.
:-)
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