RE: Eroxon to be available on prescription14 Feb 2024 11:42
Darky. I do agree with you. Technically you are correct. Your reading what is written. These are the facts. Of course, that looks like the deal.
I am sure you know that things change. Like this share business every thing is fluid. When that RNS was released that you copy and paste and hold onto was the facts at that time. There was no prescription. It is OTC.
I think Cooper sent their sales team to the NHS and told them they should now pay for this and the Old folk should get a prescription. NHS agreed. Now that FUM has issues this RNS it seems they are super pleased that the NHS are now footing the bill. My point is and I agree with you, it is written that Cooper has rights for OTC sales and distribution. Now it seems to me they also have rights, (and that will be confirmed) for prescription sales. I do not really have an issues with your fact as they were at that time of the RNS when the deal was granted to Cooper ( and subsequent ones which were updated and prolonged). I
I believe that FUM has given rights outside of OTC. Yet they have not confirmed this. You are correct but for the wrong reason. I expect to be right when it is confirmed Cooper has now OTC rights also. I agree with you totally that sales are going to be much higher. I also would like to say I believe that the share of profits would remain the same. And by golly with the profits be higher? Why on earth would FUM say that Cooper had no rights to sell to the NHS? They are God damn pleased as we should I see this breaking out to 50 - 60 pence range on on USA update. 90 pence plus...
Good luck. I bought quite a few more on the drop yesterday as I saw Algo playing games and took advantage. I doubled my holding yesterday..SUPER PLEASED I TOPPED UP.