Punters getting wise or shy at last and not lining up for the afternoon slaughter?
They are instead lining up at 8c today and there's every chance they will get filled by market close today imo.
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Goodness me!
The 8c are gone! Taken out with more stock on the way! :scared:
The big boys are out early today - they obviously have read the AR with PEB's strategy for tackling the LCD crisis & are not impressed. :t_down:
https://encrypted-tbn0.gstatic.com/i...mPtAw&usqp=CAU
Whats the feeling that a U S enterprise could be building a stake in PEB what with its cash pile and all time low share price.
With todays ERD surprise T O announcement its not off the cards as anything is possible in this climate as dark as its immediate future looks there will be others out there who see value and a future possible in the U S with the right management and contacts.
Hmmmmmm !
Gee - I posted that on Monday and PEB not only hit 7.5c today but finished the trading day at 7.3c.
So where does it go from here?
Hard to see any upside until the big boys stop selling (390m shares to go?) so it looks to me like 3 very painful years ahead for shareholders as the cash start running out.
PEB is on life support.
I've been keeping off this thread but watching from afar. So many people who know pharma, and had interactions with PEB are not at all surprised.
In my view this going to go from bad to worse....
If I was Kaiser, considering the very damming report which was published, I'd be reviewing CXbladder themselves....
All those new salespeople are going to see the writing on the wall that their targets/commissions are not going to happen and they will leave for greener pastures.
The annual report says PEB has done nothing wrong and Novatis is at fault (even throwing out that their view was that the judgement was illegal).
They just don't learn.....
PEB turned out to be a good punt at 25c back in 2912. Will it be just as good at 5c this yeas?
hello everybody. I have been watching this thread for well over a decade now. the only commenter who has been close to what has happened at PEB happens to be Balance :). happened to have worked for PEB for almost 2 years under DD. when I left I contacted 2 different media outlets and the nzx. all declined to investigate. It takes maths and science to fully explain but 2 snippets are Negative predictive value (NPV) is 97% - sound good right...... well NO. in the instance of micro-hematuria the rate of bladder cancer is around 1.6% so (and we used to joke about this) if you assume every single person who presents with micro hematuria is negative (just an assumption with no testing) you would have a NPV of 98.4%. Positive predictive value - was originally 46.5% (1st study) and more recently has been as low as 16%. they never sing about this figure as even best case scenario of PPV 46.5% means if PEB advises a positive result. it is 53.5% likely you do NOT have bladder cancer. looks to me that novitas got it right. the tests are neither accurate nor required.
Interesting comment from the time travelling contingent. Almost 900 years down the track and the PEB share price is still just 25c. So picking the bottom to be 5c (thanks again to the time traveller for giving us the heads up on this) :
5c(1+i)^887=25c => i= 1.001816 or 0.18% per year
so less than 0.2 of a percentage return per year, compounding over all that time! Better bring DD back quickly to keep that supporting capital flowing in. Probably best to lock in DDs descendants for a few hundred generations to ensure that long term capital raising plan as well.
SNOOPY