Never a dull moment with this puppy
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Never a dull moment with this puppy
In my experience, the big institutions can stuff it up just like the rest of us.
ACC being on the substantial shareholder list doesn't add to or subtract from, the prospects of the company, and I don't see political fallout, regardless of the company's future. It is just one of their many investments. Some will go well, others wont.
Disc. Hold PEB and considering more.
Excuse the ignorant / naive question, but should we read anything positive into the fact that ACC is investing in a bio-tech? I guess what I'm asking is would the investment arm of ACC have any tentacles into the health sector to judge the likely success of this?
ACC have been a shareholder for quite a few years and have previously topped the 5% mark. It should be a good sign that they are willing to increase their stake at .65c.
I dont agree with ACC's success in investing-they have made some real cock ups, such as Pike river and PPP
Doesnt mean PEB is a bad investment ,but good to note
Looks like I missed the bottom with my top up, much better than missing the train though! Once all the sheep are gone it will head back up, just look to the future.
People are just seeing how low this will go. Once it turns, expect them to flock in.