Share Name Share Symbol Market Type Share ISIN Share Description
Fragrant Prosperity Holdings Limited LSE:FPP London Ordinary Share VGG368811037 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 3.85 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
  -0.24 -0.46 2
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 3.85 GBX

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Fragrant Prosperity Daily Update: Fragrant Prosperity Holdings Limited is listed in the sector of the London Stock Exchange with ticker FPP. The last closing price for Fragrant Prosperity was 3.85p.
Fragrant Prosperity Holdings Limited has a 4 week average price of 0p and a 12 week average price of 0p.
The 1 year high share price is 9.50p while the 1 year low share price is currently 1.85p.
There are currently 62,223,386 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Fragrant Prosperity Holdings Limited is £2,395,600.36.
apfindley: DODGY free shares for the boys?So FPP decide to do an rto with ciitech by issuing 17mill worth of fpp shares so satisfy the purchase.Now we hear that ciitech have done a separate deal to raise 2mill quid of cln's via listed ffwd....of which fpp shareholders are now obliged to satisfy.What the F??So that 17mill rto is now a 19mill rto or what?Who allows these dodgy dealings to execute???
ccr1958: Fpp gonna be part of a GROUP ? Ciitech, Hellenic, KNB ?
apfindley: So taking a look at this deal.17.5m quid equivalent shares to be put in by fpp at 5.x pThe shares to satisfy that plus those already in issue gives 'around' 400m in issue post deal.So each 5p on the shareprice translates as around 20mill of market cap.Looking at the accounts for ciitech. The accounts for 6 months July to Dec 2019 show gross profit of 2.6million with an overall positive profit of 455k for that year.Much has changed since then, in the past 18 months and CBD has become hot and governments are relaxing regulations and social stigma has all but disappeared.The ciitech business has expanded .So what are we expecting the next reported numbers to look like?Last year the accounts were reported on 02 June...so we should find out soon how they've performed in the past year to December 2020.
terminator101: Only mindless rampers allowed to comment on here. And absolutely no discussing anything about the FPP at all, especially all those slightly awkward questions.
terminator101: The pump and dump crew of mindless ramping clowns really will stop at nothing to mislead you on this share. Latest ramp was that Chris Akers was buying in. Well they were well an truly caught with their pants down on that one eh?https://twitter.com/sportschris/status/1388054782842220546?s=21 I am not invested in #FPP
terminator101: How can you not be convinced by such quality research and precision analysis eh?https://twitter.com/sharedebate1/status/1388018591614873602?s=21 #fpp journey starts today. Big recovery and the fuller picture and excitment later today or next week. ???
terminator101: Buying share in FPP is like selling £5 notes for £50 in terms of the cash vs market cap.I totally get that you might pay for a bit of future potential, but there's no substance. The boiler room are in overdrive on twitter (and if you watch the crew long enough its easy to spot what they are up to). Its King tutu, MrBlueSky, stock market_maestro amongst others at work trying to suck in the gullible.Why does nobody want to talk about why none of these millionaire backers have bought any shares yet. Strange eh? If it was such a slam dunk you would think they would be falling over to back themselves? The crew are also trying to mislead by saying that they cannot raise as they don't have the authority, yet at the last AGM they gave themselves unlimited authority to issue shares. Unlimited sounds like a lot. Even if they do land something, there's massive dilution coming as the Directors haven't got any skin in the game and are unlikely to give a toss about protecting existing shareholder value.
apfindley: Both Reshef and Marshak being on the board and advisory board of ABTI (Alterola) , a $1.5billion company with over $100mill of cash, looking to expand into all European countries and Japan.Both also being on the board of FPP now, this could become quite interesting if ABTI use FPP as their market entrance into the uk with the intention of making their business affairs and product approvals (& development) easier. Read their recent report it specifically states this global intention several times over!This could be a great entry point for a multibag from such a low market cap as FPP. It's certainly much more likely to happen than it was last week.!
alexios1201: Fragrant Prosperity: financial services SPAC looks like it is going hunting for cannabis opportunitiesIts announced intention to make a cannabis investment has sent shares of shell company Fragrant Prosperity (LON:FPP) soaring and given the potential in this sector, this makes it a SPAC (special purpose acquisition company) to follow closely.In late February, shares rose more than 40 % to a high of 6.85p after the company issued a statement that it was eyeing the medicinal cannabis and CBD wellness sectors in addition to its original plan to look for opportunities in the financial services sector.Focus on cannabis and cannabis therapeuticsOn March 3, Fragrant made a share placement, raising £543,930 to provide additional capital for the company to pursue its investment strategy, "in particular" said chair Craig J. Marshak in the cannabis and cannabis therapeutics sectors. So almost definitely shelving financial services for now.Fragrant Prosperity also announced it expected to appoint "in the reasonably near future at least one additional director who will add to the current in depth experience of the existing board to assist with this search". It also appointed UK counsel with experience of cannabis business listing.It's not hard to see why a SPAC that was set up in 2017 but has yet to find a suitable acquisition in its initial target sector would look at this burgeoning cannabis sector which is expected to reach $73.6 billion by 2027 globally.The shift in strategy follows guidance issued by the Financial Conduct Activity on admission of medicinal cannabis and CBD oil companies to the Official list and the subsequent IPOs by Israel's Kanabo Group (LSE:KNB) and MGC Pharmaceuticals (LSE:MXC).Fragrant said that as a result it had been presented with "a number of investment opportunities" in this area and that it is considering a number of opportunities although it added that discussions are at a very early stage.Of SPACs and cannabis opportunitiesShares in various cannabis related stocks have seen some sharp rises in recent times. Kanabo, which also listed via a SPAC, was up 500% last week from its initial offer price while MGC spiked sharply a few days ago on news of an increased purchase order for one of its products.Exchange traded funds active in this sector have also been posting some impressive gains. Seven of the top 10 best-performing funds were active in this field, according to data from TrackInsight.Then there is the shift in the regulatory regime with the election of Joe Biden in the US paving the way for further acceptance and approval of cannabis related products and the UN's removal of cannabis from the convention on narcotic drugs, giving a further boost to what we have dubbed Cannabis 2.0, the second wave in the development of the sector.For Fragrant Prosperity, much will depend of course on which company it acquires. In a sector that is becoming increasingly populated and where some forecasters expect to see a drop in the cannabis price, not every company offers the same potential for investors.We prefer those with some geographical diversification and which can therefore take full advantage of markets with more favourable regulatory regimes. If Fragrant Prosperity can find an opportunity that ticks those boxes, we can expect to see some interesting developments in its share price
terminator101: FPP is already at 10x it's actual cash value. Maybe a listing value of another £1m if you are being really generous. There hasn't been an RTO where the share price has massive rocketed after the RTO like everyone is trying to make out. https://twitter.com/themoneysponge/status/1367883001435193344?s=21 A fine example of what NOT to buy SPAC is the new name for Cash Shell - we had this a few years back - didn't end well for anyone in 90% of casesPure gambling
Fragrant Prosperity share price data is direct from the London Stock Exchange
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