September a big month for births after the drunken antics of 'the desperates' so sales should surge in 9 to make SVN a big winner. Recent float for biodegradable nappies plus much much more & closely being watched by Johnson & Johnson who queried a claim of 100% biodegradability & so the prospectus was changed to 98% biodegradable.
Perhaps they should change the home page from 'fully biodegradable'.
Big mkt if SVN can pull it off.
Floated at 25.5c , closed at 23c & then 22c.
Sorry cannot post chart - something not right with hotcop.
SeNevens International Ltd is committed to researching and developing environmentally friendly technologies.
SeNevens has produced a fully biodegradable disposable nappy. The materials used in this product meet international standards for biodegradability. This is a significant industry development as traditional disposables can take up to 500 years to break down.
Safeties Nature Nappy is fabric based making it exceptionally soft and breathable. This unique technology has significant health benefits as it is able to keep a baby ultra dry, whilst also ensuring the nappy breathes. Breathability is important, as it may assist in preventing overheating. Safeties absorbs a baby's moisture through a natural process. This method of absorption will not dehydrate a baby. Both dehydration and overheating have been linked to nappy rash.
SVN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
