DON’T BELIEVE THE HYPE31 Aug 2021 09:08
On one hand RNS says “VKE considers that such partnership could generate over £17m in revenue”
In the next “These masks will, in part, be distributed to interested parties in India, with whom VKE have been in discussions, to help establish the level of demand and timeframes for future orders.”
These two are contradictory statements in the latter VKE clearly don’t yet understand market potential so why say it could generate over £17m in revenues?
This all hype, three RNS for a small 350,000 mask order placed in June as announced by RNS at the time, the BHC did some late PR which had its own RNS 20 Aug and another RNS 27 Aug when P2F finally got around to shipping part of the same order, IMO the latter had the “could be £17M revenue” to distract from late shipping of June order and only part order at that.
Despite all the hype VKE are not confident enough about the potential to place more orders and it would appear even take the full 350,000 order placed in June. Actions speak louder than words.
This BS does not support the spike and it will be reflected in the SP in due course.