RE: Re: New product29 Jun 2020 12:05
Your last point, it is, volume has vanished, markets are nervous. We know why volume has vanished, we know why it increased for a while. For Mr Lucas to acquire what he has, assuming that his intention is to salt them away for the long term, means that "spare" shares had to be available. As with any fast riser, there are traders who momentum trade, once things settle down they will sell up and move on to the next fast mover, all normal in a free market. The matter of Fruitflow being a possible aid to Covid sufferers is a valid one, all I know is that it isn't a topic that the company is able to discuss. I know no more than that, anything else would be speculation and I don't want to. The dropping of the logo from the retail product is puzzling, but isn't affecting a big proportion of the revenue stream. I don't think any of us regard the name or style as vital to the product, what is does is a far more powerful message. For myself, I wish they'd started off with something more "treatment" focussed rather than vaguely food related, but I doubt a branding change is feasible.
Almost every word of an update would be identical to previous ones unless and until there is a major step. If Blue Hat is the key to the door, and we have no clue at all how long that process is going to take, what else can they tell us?
Current level is quite good as far as I'm concerned, and I have added small amounts. If we were languishing in the .30's as some predicted, I'd be a lot more sombre..