Patience is a virtue
Impatience is a sin
Why not stick you feet up
And have another gin
:)
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Patience is a virtue
Impatience is a sin
Why not stick you feet up
And have another gin
:)
"It remains that action will remove the doubts that theory cannot solve.
so only in pinning his friend's tail back on could Pooh have discovered that he would, in fact, be donkey-kicked in the face."
:mellow:
PEB has just been on T.V One news
Strange, a credibility announcement brings out more sellers than ever? weird how the market works...
It’s the strategic events or those that de-risk forward cashflows that matter.
The New Zealand market is small in the big picture, but I do like the formation of a HIH hot house type process for Cxbladder and potentially the pipeline products, that could be big deal not just for PEB but for other biotech companies coming to the fore.
The big events this year are likley to be the new product launches Cxbladder(predict), Cxbladder(triage) and possibly Cxcolorectal, none of which IMHO opinion are at all priced in. Also the new market entries into Spain and Asia on a similar basis. A final medicare sign up may de-risk for many also.
Yup exactly my thoughts, all these sellers could have sold at this price for some time but jst not the volume.
The latest announcement is actually very positive in terms of it's potential pathways into the market via GP'S. If PEB hadn't been looking to go into the USA and had been operating in NZ only this would be seen as a real green light announcement. The New Zealand branch of turnover will be a good sighter for growth potential in sales though so I'm looking forward to seeing how well received it is.