PEB - Pacific Edge Ltd

[Balance]

Probably a 10 year low as well. It is definitely a 5 year low.. probably longer.

Last time it was at 16.5c was back in May 2012 - 6.5 years ago.

And it still has a market cap of $84m - a company with revenues for F19 of $3.8m, net loss of $17.9m and cash outflow of $17.5m!

And by now, cash must be down to about zero.

[Balance]

52 week low. When do they go out of business? Looking more like a Wynyard every day.

Doubt they will do a Wynyard as a new CFO is going to be joining them on 16 Dec?

But it's that time of the year again - https://www.youtube.com/watch?v=QJ5DOWPGxwg

Yes, it is beginning to look a lot like Christmas - oops, capital raising time!

Results next week with the inevitable CR.

[Minerbarejet]

Gee whiz, Balance you havent mentioned the alleged "10s of thousands tests" in your last few batches of noise.

Are we in a new era?

Or did it just slip your mind.

[Balance]

Gee whiz, Balance you havent mentioned the alleged "10s of thousands tests" in your last few batches of noise.

Are we in a new era?

Or did it just slip your mind.

Well, you know what’s coming next week, right?

[davflaws]

Well, you know what’s coming next week, right?

New deck??

[Minerbarejet]

New deck??

Yeah, that would help.
There are a few cards missing from the old one.

[Balance]

New deck??

New deck will have to wait - feel so sorry for the eager beavers chomping at the bits for another bite of the wood.

Trading halt, looks like capital raising hit a snag with the sp dropping towards 10c so best to have a trading halt while negotiations on size and price take place.

[kiwidollabill]

6month Rev up a smidge, op cost about the same, burn slightly lower

Publishing lab throughput data - ~65% is 'billable' - thought they dont do 'free' test?

$4.7M left, raising another $20M

[winner69]

Good sign that the amounts being raised are getting bigger

$20m is a lot ....should keep them going for a while

[winner69]

Accumulated losses now $147m