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This all seems very odd. ByHealth are spending a lot of money for blue cap, would have thought in return they would have exclusive rights for China.
Is there any chance the distributor IS ByHealth but they don't want to announce that yet?
If I were, I'd be breaking market rules by posting on a chat board.
So, you get the "Dopey Theory Award".
Well done
First mover and hopefully increased margin prior to big by health launch
Spot on. Lol
I don't disagree with any of that Alf, this can only be positive news as the market has confirmed. I just hope the company had the courtesy and respect to make By-Health aware of what they were doing, before it was announced. No reason to think they wouldn't have, by the way.
Good to see they can sell FF+ now instead of waiting for the Bluecap.
"CBEC regulations enabling the Distributor to sell Fruitflow+ Omega-3 in China now, prior to the blue cap health claim which By-Health is seeking to secure."
As if by chance, I was right :)
alfista - you are Ian Ford and I claim my £5 :)
What it is, is the company complying with regulations, to report anything that is significant to the whole market. Anyone buying will know the need for funds, depending on the increased inventory necessary, the raise may be more than expected.
However, our own brand product expanded in to a gigantic marketplace has to be excellent news. Congratulations to Mr Ford for conducting this negotiation at a time when business travel hasn't been possible.
By-health may as well buy us out now as good to go. 5p my guess.
market seems to like this update. Looks more than a pump before placing this time.
Tiny MCap here still, if this gets going in China it will blow the roof off. Just hope, as the RNS says, that this IS complementary to the By-Health deal, we don't want to p!ss on their cornflakes.
for a Monday morning.
No indication of who the distributor in China is but ....
"The distribution agreement announced today is separate but wholly complementary to the Company's work with By-Health" could it be connected?
So they get this news out before the placing.
· " Cash £291k at 31 March 2020 (2019: £326k). The Company raised £301k from a placing in December 2019 with new and existing investors at 0.40p per new ordinary share. The Group has recently completed a new production run for Fruitflow+ Omega-3 resulting in a planned increase in inventory of approximately £90k; based on its current level of cash the Company will therefore be seeking to raise further funds in the coming three months."
There is no shortage.
My favourite Wünder produkt Fruitflow is currently tricky to buy online. Looks like no UK stock so bit the bullet yesterday having delayed my purchase for a month and went international and ordered three bottles, 90 capsules in each, for £55 (including shipping). So slightly over 20p cost per capsule.
If I followed the recommended dose (I don't) it would be 61p per day, £4.27 per week. I go through them at 4 capsules per week - so just under 81.5p per week.
I may not be a "normal" consumer but as a former holder I do occasionally pop in to see what is happening to the SP and the discussion on the board. To see this thread was most amusing. To see the struggle to buy the product yet it wants to be mass market was like deja vu..... from 2016, maybe even earlier....
Good luck LTHs
By -health acquisition Life space online sales hit 70m Rmb (£8,000,000) on tmall ,not bad after such a short time . http://www.by-health.com/en/newsitem/36582
I'm with you on that one gix, looks like joining the dots on a blank page to me.
There is no mega trade that pushed the sp up.
All guesswork as usual, may just have been tactics to try and trigger a stampede. Didn't work
0.6 would be good as it's a little more than I expected but not seeing the connection.
Fundraiser looks like it could be at around 0.60 being roughly 20% discount to today's close... RNS on Monday...
I wouldn't want to be outta this at the weekend :)
So few trades, could mean anything.
Very welcome though.
Might see a late RNS or Monday RNS to say Fundraiser completed...
Zeus, still think you will get your 0.35p top up
Yep, well I'm not going to read the entrails with you. Think scaling. Each step brings down cost per item, increases margin per item. Need to sell a lot more, to buy a lot more. Constrictions on expanding market reach, to balance the need to keep costs down at this phase.
That's why the Seriburns of this world do us a favour, and By Health. Opens up a whole new vista.