Seems 1.5 will be a wall to get over. sell side is building at that level...which is also the exercise price of the options. there has been heavy buying in the options recently which could tend to suggest a higher price in the months ahead.
It looks as if accumulation is taking place , which for long term pno holders is a good sign.
Things are happening in the background I am sure... So how much stock would 2000 Chemists need for the roll out?
I wonder if they buy the stock...or is it sale/return?
If the chemists have to buy the stock that would give immediate sale results from the warehouse to pno...this would be good for pno cash flow wise etc.
say 12 tubes per box at $10 a tube x 2 boxes per chemist = $480,000 in revenue...its amazing how the amounts could build up very quickly.
One thing we all have to remember is PNO is producing (and soon to be selling) a consumable product that is rebought. This is not discretionary spending...when you are in pain you will spend whatever it costs to relieve it!
The PNo Gravox express is about to leave the station imo...
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