I have posted something on investment strategies that may be of interest
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Retail placement increased to $80 mil because of very strong demand, now Im picking the SPP will be at $1.35 because of that strong demand.
Wow that is very good news.
Imagine just a few weeks ago it was being prepared at $1.20. What a great vote of confidence in the story and now a decent floor in the price.
Fabulous news. A new CEO starting soon with what will be a $100m war chest to get out there and make this business New Zealand's next XERO - though hopefully it will be profitable a bit faster.
Great days ahead for PEB and its supporters.
Did you bid for any Pyschic? Surely you will have seen this result coming? :)
Aussie open might be interesting too. Gates are open. Handbrake off. :)
We don't have much Aussie retail on board yet I wouldn't think.
We have the instos into it and unless the retail punters over there have some PEB already they wont be eligible for the retail offering.
Hitting the press over there with an 80m placement and some full sized analyst coverage might activate a few buy buttons.
SP ramping up - $1.53 on early trading. The market likes what it is hearing obviously and can't wait for the trading to commence on the Aus exchange on Monday!
Will be interesting to see how the retail allocation goes.
Jarden advises that no allocation was apportioned to holders with less than 450,000 shares due to the high demand.