LGP 5.71% 9.9¢ little green pharma ltd

Ann: LGP agrees Danish Distribution Agreement with Balancial, page-4

  1. 3,032 Posts.
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    So reading between the lines, This Denmark Balancial are yet to place an order for LGP product until they receive all export licensing etc.
    This can take some time.

    Would have to do some research on Balancial to know potential & reality of this deal. May take 5 years to sell the potential 20,000 units.
    How large is the Danish market?

    Great to be expanding to EU, def positive, but no immediate benefit to bottom line & don't imagine Mr Market will react to this in any way.

 
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