I hope to see a lot more than 200 tests undertaken. If they only received money for 200, I am fine with that.
Printable View
I've often wondered how many posters have actually run a business on any level, let alone a publically listed company. There is a big difference from watching you tube video's and online seminars, reading books etc (ie - learning the theory) than actually living the experience. A BIG difference. And we all know theory "outcome" is different from practical "outcome".
Despite what happens, this is really exciting PEB are doing so well in my opinion.
Looking forward to hear how well CRC is progressing, and also their other proposed products in development i.e. gastric and endometrial.
I think you may be at one end of the spectrum and Harbour Asset Management at the other, but someone will be correct, time will tell.
Although, Pacific Edge have told us a couple of times now that they expect to break even this year, circa 15,000 to 20,000 tests required to do so, probably at HY15 in November IMO maybe FY15 in March.
http://www.odt.co.nz/news/business/2...-100m-forecast
Attachment 5864
The way it's been going an announcement of CMS signing will drive the share down to 90c and a pathetic result will send it up to 1.50. Every time you turn around there is another load at 1.00 and by the looks of it 1.10 is going be a bit tough or it was , its disappeared off my depth table.
I doubt it, but then again when you look back the market was completely irrational when the SP jumped from 70c to $1.60c back in October. Whilst it was great news and confirmation that the commercialisation process was well underway, it certainly didn't merit a 128%+ increase in market cap.
I think what we're seeing now is a retraction to normally (i.e. rationality kicking in) and the market (or at least traders) is now more aware that the stock was severely over-valued on hype and that these sorts of announcements shouldn't warrant significant increases to the market cap.
That being said, a positive Sales result on Thursday should hopefully a reasonable uptick however I don't think it will be in the magnitude of the previous spikes. Possibly $1.10 to $1.20 on good news and there will likely be a serious contraction if the news is poor (<200 sales).
hancocks, what do you make of the CAP registration? is it a prerequisite for CMS sign-up?
Black Knat, from my research of the register, we have seen one new entrant into top 50 in the past few weeks (with what I would call a 'knowledgeable' connection to the company) and Salt topping up to be now over the 5%. The #1 holding, which includes Salt, as well as most other institutions, has been where the selling in general has been coming from. To me this seems to be a re-balancing exercise, which has been on-going for months within that group, although we know Hujlich and Masfen interests have declared sales. This is not unexpected given their position as seed capitalists, well in the money, and not 'attached' to any investment.
The #1 holding has been relatively stable, so someone in that holding is also churning, at the expense of retail holders, who fret constantly about the perceived news vacuum, and get pushed into selling - a great example was the push of stops to 95c last week. Note carefully who took up that large parcel at 95c.
Stay calm and wait for Thursday's progress report on the multi-year journey.
We running out of 'big' sellers who are intent on exiting?
That would be great if it turns out to be a good result. The ascent will be like a hot knife through butter.