Bioprogress Future2

frogkid - 20 Dec'05 - 16:41 - 7726 of 7727
I wouldn't hold to the options as your guide to the SP. The option become excisable in March and at a strike price of 87p, but that doesn't mean that both must occur at the same time. The options do not expire in March. If the SP is 52p in March, they retain the options nonetheless, until the SP hits 87p, whenever that may be.

On the topic of surprise RNSs, it is nearly impossible to surprise everyone. Many will know in advance as an RNS must travel through several sets of hands before it is officially released. Those sets of hands will move the market in advance of the RNS. The SP will be your guide as to when an RNS is coming, there is no doubt about that - listen to what the SP is telling you.

The fact that the SP held up so well today in the face of some good selling is telling us something. It's not telling us about an RNS, but it is still telling us that there is still background interest in these shares.

Inghu