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
  1.25 21.74% 7.00 5,860,510 16:45:52
Bid Price Offer Price High Price Low Price Open Price
6.75 7.00 7.25 5.75 5.75
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
  -0.23 -0.05 4
Last Trade Time Trade Type Trade Size Trade Price Currency
16:45:51 UT 43,730 7.00 GBX

Fragrant Prosperity (FPP) Latest News (4)

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Fragrant Prosperity Investors    Fragrant Prosperity Takeover Rumours

Fragrant Prosperity (FPP) Discussions and Chat

Fragrant Prosperity Forums and Chat

Date Time Title Posts
16/4/202121:16FPP With Charts and News215
24/2/202108:50US Billionaire Main Market Shell co10

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Fragrant Prosperity (FPP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-04-16 15:45:517.0043,7303,061.10UT
2021-04-16 15:45:076.86135,9999,329.53O
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Fragrant Prosperity (FPP) Top Chat Posts

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 5.75p.
Fragrant Prosperity Holdings Limited has a 4 week average price of 5.03p and a 12 week average price of 2.15p.
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 2,391,481 shares. The market capitalisation of Fragrant Prosperity Holdings Limited is £4,355,637.02.
apfindley: So you not into FPP anymore?I cant keep up with what the latest spac or next big sector is. They seem to change at least every week.
jason_scrap: Why the insistent negativity...? Admittedly there may be a little imbalance between the mcap and cash but it's still only 3m mcap!! I could understand the trollage if we were trading at 200m mcap etc but we aren't..!! Given the boards history there's a pretty good chance the company will be valued at materially higher valuations in the near future. As you already know the market is forward looking and the price action is already suggesting the market expects good things... so why the negativity? You won't make money on the sidelines lol
terminator101: Do a search of #rdgc and #fpp in the same thread and you will see those involved in the ramping of both. The potential upside comes with potential risk.Do not be a ? when profit seeking and avoid the phoney pharaoh Waiting for rampers to hold hands up but won't hold breath?
richardp19: Buy price already falling Wait til the mms unload the sells This dog poo share is going no where
terminator101: Seems the crew are moving out of FPP onto the next pump and dump
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.!
terminator101: It’s amazing how far the crew will go to mislead on twitter and LSE suggesting (nay asserting) that they have used up all the headroom in the share capital…. Except if you read Note 6 to annual report 31 March 2018.. “On 5 May 2016, subsequent to a Board meeting held on 22 April 2016 the company adopted amended and restated articles of association (the Articles) authorising the Company to issue an unlimited number of shares with no par value of one class, designated as shares” Yip. That really does say UNLIMITED raising authority. No there isn't. Company used all headroom. Need to call an egm to increase share capital. Stop telling porkies, because you want in cheaper ??? #FPP
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. 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
alexios1201: #FPP google 'Jonathan Medved Cannabis' he is a close associate of the FPP Chairman
Fragrant Prosperity share price data is direct from the London Stock Exchange
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