Cheers Lizard
You never know,this time next year PEB could actually have three products ready for market.
The bladder cancer diagnostic,colorectal cancer prognostic,and the melanoma prognostic.
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Cheers Lizard
You never know,this time next year PEB could actually have three products ready for market.
The bladder cancer diagnostic,colorectal cancer prognostic,and the melanoma prognostic.
Genomic Health is working on colon cancer too - and with a slightly bigger budget I would think. Gastric cancer would be the one to nail!
Just recently aware of this puppy. Any recent thoughts out there?
Looks risky, but maybe worth a dabble??
I sold out of PEB. Has been a good hold through the turbulent GFC, but when I bought, I think the market cap was around $12m and it is now about $36m. Still a bit of uncertainty and likely growing pains as they go commercial. The potential may be there, but I'm wary that commercialisation is often a disappointment in the first few years.
There are so many "cheap" stocks available in NZ at the moment that PEB no longer looks so attractive by comparison.
Best wishes to holders. I will continue to follow with interest.
I have been watching since my last post - at 11c. Never bought in and obviously have rued this. The price strengthened up to about 25c, and has recently dropped back to about 17c.
But the big jump Monday/Tuesday was probably caused by this and a lack of liquidity.
http://www.stuff.co.nz/sunday-star-t...e-in-7b-market
Still interested if the price is right. Know one person invloved in the company and fairly serious person, who I would rate.
Price up today on this article: http://www.nzherald.co.nz/business/n...0619619&pnum=0
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Just aim to get in at an average price then.
If you have $10k, buy 2k @ 35 cents, put 2k on the market at the best bid, you might pick them up for 30 -33 cents.
And wait for the trial results, if they are negative the price might go back to 15 -20 cents, and you only lose out on the 4k you invested, and you can buy another 2k at 15-20 cents.
If the the results are positive, and price goes up, you have a little skin in the game, and you accumulate more on the way up.
This is all based on the fact that you think long term the stock is fundamenatlly sound investment for your risk level.
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Commercialisation of Pacific Edge's Bladder Detection Test
https://www.i-search.nzx.com/blobs/N...000-113259.pdf