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This is very good news. Not only is the product going to be driven by a much larger engine in South Americas now, it is a great endorsement of product that Acino is taking up the extension rights. They would have done their own due diligence prior to making this move. With Haleon in US and Acino in South Americas, should bode well for future. I can see confidence slowly returning.
Eroxon, not fortacin! sorry.
Interesting find,DRM.encouraging that M8 has expanded its involvement with fortacin so soon after its acquisition by Acino.
M8 Have been bought last month by a Swiss Pharma Acino Turnover More than Half a $Billion who in turn is mostly Abu Dhabi Sovereign wealth fund
https://www.thepharmaletter.com/article/acino-expands-latin-american-presence-in-m8-acquisition
More positive news, let’s watch the price drop again !!!
M8 taking up their option of expansion and paying upfront a further fee, is a good sign. Things looking up. All upside from here. Little downside risk.
Show me the money!
Yes,excellent RNS.clearly indicates MS are very happy with the developments so far and see the potential in further expansion in their specialist geographical area. we are starting to get a strong sense of how the truly global expansion is developing. very pleased!
Very nice:
"We continue to be excited as the fundamentals of the Company continue to strengthen. Futura is well positioned as we look forward to a significant number of new country launches in 2024 across the world."
It’s all lining up very nicely
Excellent RNS!
Reading between the lines, M8 Pharma have decided there initial progress and results warrant full expansion to another 18 countries in South America.
Very positive RNS!
Good and bad RNS, Good that they given M8 Pharma and extension as they already have a good working relationship.
But bad, because we have no idea how much upfront payment they received. How are we supposed to figure out monies they are making when they don't tell us. Although I guess we'll find out roughly when we get end of year figures in April 2024
Thanks for confirming it's extremely likely Ananda using that similar new alias, Surfie and Bucolic.
And being rude to others after this s/p performance versus his predictions here is outrageous.
Speaking of hilarious.. him creating a new alias that's extremely similar to his old one, after how wrong he has been here for so long in his 450 p ish target has me laughing out loud....surely, this time around, he'd want nobody to recognise for the fantasist he was as Ananda ? Consistently delusional, at least, I suppose :-)
There just has to be one ( or maybe more ) persistent seller/s. Please go away or be happy to hold your shares at this VERY LOW price…… and allow them to rise.
Normally the share price is trashed straight after good news.It has taken a couple of days this time. I feel sorry for those investors who bought on Friday morning,only to now be sitting on significant losses.Is there still a persistent seller?If not what is the answer to encourage buyers?
300% upside? What you waiting for. Buy the f******dip
Turned a corner all people with stop loses knocked out for the rise
Bang on, Surfie.
"Generally, Ananda was one of the most delusional posters across all the LSE BB's"
I thought that was hilarious NicetoMichu. Unfortunately Ahananda (Ananda) thinks he is a genius and every one else are idiots. You can tell they are the same person by their really rude posts as noted by Bucolic.
Looking at the after hours trades this could explain a few things......they could have dropped the price to accommodate the huge buys that have shown up......they needed to fill some big orders......
Welcome news from Boots. Muted price movement today on heavy volume, with average trade size way up.
Not sure we’re clear of the seller, though. A buyer appeared on the order book early this morning for 150,000 shares at 33p, quickly filled by 2 sales of 75,000 each. Rapidly followed by a sale of 65,000 shares to market makers. All this within 13 seconds. 20 minutes later another 75,000 shares sold to market makers. Half an hour later we had 100,000 shares sold, and this afternoon another 200,000. These 6 sells, or 2% of the day’s trades, accounted for over 23% of the day’s overall trading volume, muting the price response today to yesterday’s announcement. Without the big seller, I’m sure the upward price momentum would have brought in more buyers, produced more upward price pressure etc. A virtuous circle.
The big seller spoiled the party.
I’ve no idea how much more big selling there is to come. But we’ve made significant inroads today to finally clearing the imbalance, so that future positive news is likely to have a much bigger positive price impact.
Just looking in to try and catch up on this doggy.. I have a couple of grand still left in here which is somewhat underwater.. but don't care much... unless I decided to add....
Had half a though about adding this week.. but I see a poster ahananda posting away here... and reminds me of Ananda .. may well be the same guy with a new alias even? .. if yes his 450p target is as long as ever away !!!!!!!!!!!!!!!!!!!
Generally, Ananda was one of the most delusional posters across all the LSE BB's imho.. and I follow LOTS of them and post on plenty too.. and in case they're one in the same guy best I not add here and have to once again regularly read his fantastical surreality
Good to hear people buying in store not just boots and online. hope repeated all over country and other outlets
Again wonder if time for boxes for single and double for people not wishing to spend £20
It has been so nice to see a couple of days of blue. We have had a torrid time recently. I would love to think that this is the start of a sustained rally but how often have we seen spikes up on news only to be followed by a steady drift back down over subsequent days and weeks? I remain very optimistic long term but I think that real sustained uplift in the SP will only occur with 1. publication of actual sales and profit figures. 2 US launch,and 3. a turnround in the general markets. AIM shares have had their worst performance in decades over recent months. All three of the above are likely to happen in the first part of 2024. There is a huge amount of cash which people have taken out of equities in the last year or two. Once the Bear market ends and people start to reinvest, it is likely that a lot of money will come in to growth shares. If the new bull market co incides with launch of Eroxon in the US and good sales and profits elsewhere, people could really pile into this share. Maybe that is wishful thinking - time will tell. Interested to hear contrarian views.
Stood waiting for my prescription to be processed when some one asked for a pack of Eroxon. The assistant scanned the pack and said £25 the guy said are you sure, it says £19.75 on the shelf. The assistant went and checked and told him it was an error. I don't know what was said as he leaned over and spoke in a low voice but he was not pleased and the assistant stuttered and apology. Wonder how many more people Tesco have suckered this way.