Originally Posted by
Sideshow Bob
Don't think it is worth comparing to ATM currently. A2 under-promises, over-deliveries, hasn't gone cap in hand to shareholders multiple times, makes money, has large growth, and money in the bank.
No one wants PEB to fail. However they have been listed for almost the same time as A2 (PEB founded in 2001, listed in Feb 2003). PEB hasn't turned a profit and still battling away on getting approvals etc etc - while I would see a good change technology will over take them. PEB has a market cap of $107m, ATM has $12b market cap (b as in billion).
IF PEB got 60% of the US market that would be fantastic, but a big IF and their track record doesn't exactly exude confidence that they will get there. Plenty of time to get in IF they do crack it. In the meantime, a good chance that holders will be asked to put their hand in their pockets again, and face further dilution. Struggling to see any real light at the end of the PEB tunnel - but hope I'm wrong.