Members on this board expect you to explain the reasons behind your posting. Otherwise you may just as well stay at hotcoppers.com.au. If your first post on this board is something like yours, then you're off for a bad start...
Even if you're right with your prediction, you still need to put some merit to it.
BioProspect said recent trials on its AP778 product showed "100 per cent" rates for killing and repelling termites.
AP778, is environmentally friendly and non-toxic to humans
world-wide sales of termiticide products were extensive, with sales in the US more than
US$1 billion per annum and about $100 million in Australia.
One of Japan's biggest chemical makers (Sumitomo) has signalled an interest in the all-natural termite-killing insecticide
could take a nice slice of a market!
The company statement highlighted that termites are a pest problem in most countries. Product toxicity and environmental contamination has meant that most effective products have now been banned or are severely restricted in their use, Therefore AP778 seems like a real winner
You can't proof your point, can you?
Just because it's going up a few fractions of a cent doesn't mean much. That news is just as good as saying nothing. There is nothing substantial in it that wasn't said before.
As WayneL said before, it would appear that you're just trying to ramp the stock. But keep in mind that this board has only about 100 members. You'll be better off on hotcopper with your claims.
Now then, just got into this share lark again, used to dabble back in the UK 15 years ago and was looking for a good forum to get me started again.This is by far the best site, and I have been viewing as a guest for a while now. Anyway krisbarry's posts are also on the Hotcopper site (duplicated 100%),again with no facts to support his "buy" advice for BPO. However maybe worth doing my own research.
Welcome Porper! Yes, this is a nice forum. Still very small but with some interesting discussions going on. I used to be on hotcopper but I've never checked it again after joining here. I like the style and the type of discussion we have here.
I bought at 3.5 cents too!
DOnt worry though, their announcement regarding further trials of the termite resistant product is coming soon.
I know that the first couple of screens with very low dilutions showed very good 100% effectiveness against termites, and the thing is, the substance is naturally occuring and non-toxic, compared to the toxic chemcials known and used today. so BPO has great potential.
Hold in there, you will be the anti-termite king!
The BPO announcement today was for a field trial of its naturally occuring non toxic chemical (called AP 778) which resists termites and can be easily added to wood.
Their 2 years of testing shows thorough and prolonged testing with great results, showing very low concentrates repel 100% termites, that the compound can easily be added to pine and other woods, and most importantly it is non-toxic to humans unlike anything else on the market.
To me this will set the scene for a product which will take over the market because it has no competition.
Here is a sample of the ann:
BioProspect Limited (ASX: BPO) today advises that the field trial results for its natural termite product AP 778 have shown encouraging results for the protection of timber from termites after a two year assessment period.
As announced on 7 September 2006, the Narrandera field test site was uncovered following a 2-year assessment trial. The NSW State Forests’ site exposed timber treated with AP 778 to heavy termite pressure (Coptotermes acinaciformis) and was designed to evaluate and assess the following parameters:
· The minimum concentration of AP 778 required to show significant efficacy or repellancy on termites using basic laboratory generated formulations in treated radiata pine timber stakes.
· To provide a basis for commercial formulation work that delivers AP 778 into
commercially available timber product using economical and environmentally
friendly formulation additives.
· Determine any requirement for a co-formulant fungicide to protect commercial timber in Hazard Class 4 situations (ground contact) and to assess any fungicidal activity of AP 778.
· Assessment of any AP 778 leaching potential from timber exposed to the ground.
The results after 2 years of assessment are summarised as follows:
1. There was a strong trend for decreased timber damage with increasing AP 778 concentrations. Statistical analysis was conclusive and encouraging.
2. The highest concentration of AP 778 was at 1.14% and it performed significantly better than the solvent and control treatments up to and including 24 months in the field.
3. The basic laboratory formulation has held-up very well under tough conditions showing good penetration of AP 778 throughout the timber samples.
Actions to be taken following analysis of results·
The company is currently in development agreement discussions with Australian formulation companies with the objective of them preparing specific formulations that will be able to carry AP 778 into commercial timber products. These formulations will then be subjected to bioassay testing.
· Completion of development agreements for ecological, toxicological, efficacy,
manufacturing and formulation work. Commencement of a data generation and commercialisation project designed to facilitate registration of Eremophilone Oil (AP 778) as a biologically derived Active
Constituent (AC) and three End Use Products (EUP’s) in Australia. The data will be generated and prepared in accordance with USA EPA and OECD protocols