Down about 10% over four days. How much lower can it go before Mr Market decides to pump it back up again?
There is only one week to go before the UK is saturated with Viraleze through LloydsPharmacy and McKesson’s wholesale outlets. Potentially 15000+ retail outlets. Just to stock them all with 50 units requires a distribution of 750000 units. With the correct advertising, some outlets will require much more stock. So they need to have at least one million units available now. That is about three to four weeks of production, assuming there is no bottleneck sourcing the dispensers.
Once the UK has been adequately provided for the coming months, remembering that each container may last about 20 days at an average two sprays a day, then onto Europe, a bit at a time.
This is most definitely a long game.
SPL Price at posting:
$1.89 Sentiment: Buy Disclosure: Held
