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Futura Medical: unlike real customers, Lucian Miers gets a stiffy on the hidden warning

By Tom Winnifrith | Wednesday 10 April 2024

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

It was last August when Lucian Miers did some detailed on the ground research into Futura Medical (FUM) the company whose Eroxon treatment for erectile Dysfunction. No sniggering at the back about “Grandpa’s” personal needs please. The fundamental problem is that consumers seem to think that the product sucks. That is always a red flag and Lucian has been short since the low fifties. Today the shares are 36.45p following alarming annual results.
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