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Agree.. Why bother unless he's trying to send a message to someone... Suggesting they report... Or its a message to shareholders on basis of no further reporting the company and major shareholders are being totally transparent and as there has not been any reporting they must have increased their holding thereby keeping their percentage holding above disclosure threshold.
Would Lucas be buying at these levels? Or has he just picked up shares from new issue to keep himself above 9% so it does not look like a sell off taking advantage of the higher SP.
"Why bother after all this time"
"Under DTR 5.6.1 of the Disclosure Rules and Transparency Rules, companies with shares listed on a regulated market (for example the LSE's main market and PLUS-listed) or a prescribed market (such as AIM) must make an announcement of their total voting rights if there has been a change during a calendar month. This requirement is intended to assist shareholders (and others) to establish whether they have a notification obligation under DTR 5."
https://uk.practicallaw.thomsonreuters.com/6-375-9190?transitionType=Default&contextData=(sc.Default)&firstPage=true
example. As BB pointed out earlier, With the extra shares issued for Inven2, Stuart Lucas could have fallen under 9% and should notify the market unless he has increased his holding enough since his last TR-1
Why bother after all this time with no update news and then this RNS?
Looks like to me that under the under the
"FCA's Disclosure Guidance and Transparency Rules." Provexis has to declare their "total number of ordinary shares and voting rights in the Company is 2,070,821,507." because some one is showing an interest in buying the Provexis out. IMHO
RNS;- "The Company does not hold any ordinary shares in treasury. Therefore, the total number of ordinary shares and voting rights in the Company is 2,070,821,507."
"The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company "
"under the FCA's Disclosure Guidance and Transparency Rules."
IF, a man completely in the wrong place at the wrong time. Should have been chucked out years ago IMO.
Starting to think the trading update will be included in the results.
Huge spread here now..........
With only 22 more trading days maximum it all a bit tight to get a trading update in and results a few days later , seems to me they must be waiting for news ! as it was last year ,hopefully good news and not refinancing .
BB...I did not say they should have put out and RNS...but yet again IF has missed a big trick marketing wise...the FF+ Facebook page hasn't even been updated with the new product and no mention of it either, even though customers are now receiving it.
FF+ is actually quite a big % of PXS's income stream right now and has meant they can keep their fundraising down but it could have contributed much, much more.
Where's the FF+ NO....???
What happened to the other Sales Outlets.
Please don't give me Covid as an excuse because FF and FF+ are perfect online sales products.
Now that Stuart Lucas is the largest Major Shareholder and I hope he continues to grow his share holding, perhaps he might start to be a little proactive within the company and give them a good rattle. If China falls flat...then what?
For the sake of all those shareholders who are still holding at a substantial loss, I really do hope China comes good.
Are you still invested BB?
Fruitflow + omega 3
Made in USA
https://i.postimg.cc/rw0yMjKT/screenshot-397.png
What does the chart indicate
Re "If there was a cost saving then he should be mentioning it."
What a load of testicles. Any cost saving on packaging would be minor and make next to no difference to our cashflow, so I'd file that sort of info under "Excuse me if I don't give a damn" !
Admittedly, it's vaguely interesting to discuss the minor points of running a retail business, especially to those of us where it's not the day job, but FF+ is pretty much immaterial to Provexis as a whole, and packaging costs within FF+ are a small part of immaterial, so expecting Ford to discuss it, especially via a specific RNS or even a press release is nuts.
It might get a mention in a para in an Annual Report, but I sincerely hope it doesn't, because it'd just be filler.
BB
Number of Ordinary Shares held
ordinary Shares as % of issued share capital
Stuart Lucas and family 185,819,678 9.02%
In theory, unless Lucas and family have added since his last holdings RNS, he'll have dropped under 9%.
Chances are, as he'd only need to have added roughly half a million since the 6th August to stay above 9%, then he has added, so he won't have had to inform the company of a movement across a threshold.
BB
There's very little to support this share and the BOD are useless IMO only of course! Just try to use the occasional spike to make some money. There is supposed to be a trading update soon but the results are also very near so all a bit strange. It will just be the usual empty statements as per the last 10 years.
I am amazed at this share, no results nearly nine months and goes up and then starts to go down, gives you a false hope ,after 11 years we may see the light and then you heart sinks when it starts to drop ,its a very sad
Gixer.. If they are producing in the US, as well as in Europe, then perhaps US is boxes/plastic tubs and they are looking to switch Europe onto the new plastic boxes or offering it as an alternative.
IF would only switch if made to or there was a saving on cost. If there was a cost saving then he should be mentioning it.
https://www.provexis.org/shareholder-information/major-shareholders/
Anyone have any views on the number of small trades going through? £46, £15, £14...
Only 3 of the last 19 trades have been more than £1k....
link didn't work
https://postimg.cc/Hrm1tQwv
"why would PXS instigate the change"
I would say that it is probably the cheaper option and is more sturdy for going through the post. I have had a few crushed boxes in my time.
"don't quite understand why Circuace states theirs is made in the US"
Maybe it is. The Japanese version also shows made in US.
https://static.wixstatic.com/media/0601c4_a269d89a72f24999b720f00559f82dde~mv2.jpg/v1/fill/w_675,h_846,al_c,q_85,usm_0.66_1.00_0.01/0601c4_a269d89a72f24999b720f00559f82dde~mv2.webp
The German product (Optiflow?) was in this type of packaging prior to Provexis launching. Preferred it, and may have mentioned that in conversation. Has to be more recyclable surely.
I see your point Gixer but why would PXS instigate the change... Its also new stock so other may follow later.
I still don't quite understand why Circuace states theirs is made in the US...
Sorry Bella, I disagree. The packaging will be the choice of pxs not dsm. There are a few ff+ Omega products for sale throughout the world. Well same product different seller and packaging. Circuace being one example.
http://www.circuace.com.hk/about.html