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I think the company is capable of hitting several levels of the market successfully. It already has the ranges out there. The professional range seems to offer quality at non-silly prices. Women with a greater disposable income but still wanting to be prudent will appreciate that. I genuinely feel REVB will become a significant name in global cosmetics.
Regarding Boo, they are obliged to seek shareholder approval for a full takeover, so prior to any bid they’d have to do serious due diligence once REVB has finally provided new financials. Assuming Rev is back trading quickly, the horse could well have bolted by the time Boo can legitimately act.
Th uncomfortable question remains - if 3B/4B is such a hot prospect, why have (apparently) seven big oil companies scrutinised the data but so far shied away from committing to a farm in deal for 3B/4B , despite one allegedly being in final negotiations months ago..? And why are the current partners apparently considering the (very expensive) possibility going alone, if there is a farm in on the way?
Well, well, a good spot re Sainsbury’s. Eight products listed on Sainsbury’s online. At least the company seems to be spreading its marketing wings - hopefully to help build a very productive and rewarding future.
Clearly ‘imminent’ has a very different meaning in South Korea…
What ever is going on in the background, I don't for a minute subscribe to the notion that BH is intentionally misleading shareholders and is quietly conniving with potential predators to stitch up a give-away deal. My bet is, as an honourable guy he's smarting right now and I wouldn't want to be his cat.
Hopefully, the fact TA is still in position - for now - means there will be an orderly resolution to the Medichem debacle and accounts adjustments, with him being allowed to leave with an element of dignity.