Added to the wife's holding today,buying 50,000 at 25 cents.
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Added to the wife's holding today,buying 50,000 at 25 cents.
https://www.stuff.co.nz/business/117...rlborough?rm=m
someone posted this in the Sanford thread, reposting it here as very relevant to Pharmazen. Basically Sanford moving in and increasing competition.
More competition doesn't seem to have done any harm to ATM, in fact quite the opposite. There must be hundreds of millions of baby boomers worldwide starting to have issues with their joints with inflammation, pain and swelling that would benefit from these type of products. The total addressable market is almost infinite in size.
Yes a good fit for Sanford.I see a bright future for both companies in this sector.
You will note PAZ's product range includes "
Greenshell mussel oil.
Greenshell mussel powder,
Shark cartilage powder.
Krill oil.
So about the same capabilities as Sanford's plant.
However PAZ also do;
bone products.
Freeze drying.
Blackcurrant extract.
Kiwifruit powder.
In fact PAZ can extract/freeze dry/grind etc from any animal,fruit or vegetable...
Love watching PAZ quotes on unlisted.
Currently there is a seller of 60,000 at 26 cents.
Buyers are lining up;
50,000 at 25
100,000 at 25
100,000 at 25.1
20,000 at 25.2
20,000 at 25.5.
Update.
Some astute buyer went ahead of all the bidders and brought the 60,000 at 26 cents..
Hi Percy, I have an inflammatory joint pain problem and will try the Pharmazen products, if successful it may be worth a small punt. I note that it was a Howard Paterson start-up some years ago.
Hi airedale.
Go to www.chemistwarehouse.co.nz
in the search for products, enter Aiora.
Two products for you to consider.;Aiora bone & joint,
or Aiora joint health[greenshell mussel powder].
Trust either works for you.
Yes Howard Paterson was the founder.His brothers are still shareholders,while his friend who helped him with A2 milk,Dr.Wayne Burt, is a director.
Its a shame what happened to Promisia and their joint relief product Arthrem. I'd heard good stuff about that for tennis elbow. But Promisia have changed tack now .........
But the reason I post is to highlight regulatory risk. Although in Promisia's case that was exacerbated by single product risk. (Just like PRC for those who remember, single mine risk)
PAZ has a good range of products and as Percy says can use its assets to make quite different stuff.
Thanks Percy