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You should do stand up stockpick, you must wet your pants every day with so much bad grammar and typos across the BB's
Probably confusing it with a lemon…. :-)
It’s a clitoris, mate.
Hope you are better at finding one than spelling it! ;-)
There is more stuff they are working on, for example: They are looking at developing a female version of eroxon! Aparently it can make the clitarus arowsed/erect.
I personally can’t see the point in the company anymore as it only exists for Eroxon! Haleon are doing everything their end from manufacture to distribution, coopers only distribution with 3rd party manufacture. Once the outstanding deals are completed then the BoD are redundant in my eyes, not much to develop & expand the range with really.
Bandit
I am not saying the management team is top notch, nor that it is appropriate for them to get all these options.
BUT, if your thesis is correct, and they have struck dreadful deals, what good is it to have them at a strike price of 35.5?
I put it to you that they don’t think the share price is likely to stay where it is long term. Maybe they are wrong because they are so incompetent they don’t even realise.
Or maybe the deals aren’t as bad as you assume?
Surfie 1961 - your logic is flawed. If you fear for the value of your investment - SELL. if you still have investment faith in an uplift of the share price from hereon in - BUY - if only to reduce your average price to give you a better chance of breaking even. All the good guides on investing advocate this approach. Neither approach guarantees success of course but at least there is some risk mitigation. The risk of "losing" more of your FUM investment, or clawing back some of your, as yet "unrealised loss".
For the record I am long and strong. Average purchase price just under 40p from averaging down.
The new website now only mentions Eroxon & sexual health, no mention of the technology Dermasys! So they have clearly thrown all their eggs into one basket! Clearly have been advised to do this & hopefully for a sale of the company at some point in the near future. Although I’m frustrated with the SP & the BoD, I do think we will see decent returns soon as do LO/ADAMS & the other major investors who are holding strong!
That £1.50 target is a bloody joke. I have been in and out of FUM for well over 10 years and NEVER made a penny. I can't remember this even getting past 60p and that was because we got the go ahead to sell in the States. Many long term holders flagged this milestone as the beginning of great things and we are now down nearly 50% since then yet the BOD sees fit to reward themselves further. If I wasn't down so much I would get out of here for good.
I wondered how long it would take for some to realise that we have a very weak CEO/CFO in this company. The R&D success was down to Ken James and the real weakness is that we don’ t have the brainpower at operating executive level to make the most of this opportunity. I have been beating this drum for longer than I care to remember so having sold out fully after 7 years I will continue to watch from the sidelines in the hope that our relatively new Chairman has had long enough in situ to figure this out for himself and bring in some quality people. Sadly, it may be too late as the key commercial deals have already been done! Another small business that promises much yet fails to deliver whilst the average managers make sure they are rewarded generously. Main Directors, hopefully, will be up for re-election at the AGM so that is the time to express your dissatisfaction with their performance.
Oh dear. I had no idea that they were not medics I have been building up my holding at these low prices. Time to take a break? I do hope I’ll regret not buying more at these price - especially when a £1.50 target was flagged up recently.
The BoD have been milking the cow for the last 20 years, and will continue to do so, as well as taking a bloody good salary to go with that! They have given up on all other products yet say they are good at R&D, well if that was the case why didn’t they get other products to market successful! And let’s be honest they stumbled onto Eroxon by accident in the end! Let’s face it JB is an insurance broker by trade and AH sells alcoholic drinks at wedding venues from a mobile pub? Not really the credentials we want running FUM! Surely time for LB to take a majority stake & dump these two clowns not reward them. RNS states when milestones are met what are they??
Well it means they have a big financial incentive to take actions that drive the share price higher.
The question is, have they already taken those actions? And we are waiting for events to play out?
"share options" and they're only really worth anything if the SP goes up.
Lol
This looks new?
https://www.tipranks.com/news/company-announcements/futura-medical-grants-share-options-to-leaders