PEB - Pacific Edge Ltd

[Balance]

17c - and reasonable volume going through.

Looks like the underwriters are getting played rather well by one of their fellow institutions rushing past the rather narrow exit door!

[Balance]

https://thecostaricanews.com/ucr-sci...rly-detection/

Meanwhile, the search for the best urine test for bladder cancer continues - this time with Costa Rica & American scientists.

"The test reached 98% sensitivity, in the detection of the disease and 87% specificity: the ability to exclude healthy individuals."

Guess PEB could raise some some more capital and propose a merger with them? Be faster to commercialize than continuing to throw good money after bad with CxBladder?

[Dentie]

17c - and reasonable volume going through.

Looks like the underwriters are getting played rather well by one of their fellow institutions rushing past the rather narrow exit door!

Who got "played rather well" when you rushed out the exit door?

[Balance]

Who got "played rather well" when you rushed out the exit door?

You?

[Balance]

Well well well....

Dunedin is a small place....

That is not a company shift I would undertake, TracMap is actually doing quite well....

Piece of cake, kiwidollabill to entice him across. There's all that lovely free options, especially with the sp at current level - imagine when it becomes an ATM!

DD is a most consummate salesman - been able to extract $99m of cash despite missing uncountable key deadlines and milestones in the last 3 years.

[Dentie]

You?

Now, we both know it wasn't me funny boy.

[kiwidollabill]

Piece of cake, kiwidollabill to entice him across. There's all that lovely free options, especially with the sp at current level - imagine when it becomes an ATM!

DD is a most consummate salesman - been able to extract $99m of cash despite missing uncountable key deadlines and milestones in the last 3 years.

He's not that good.... you couldn't say Adam Neuman is the best salesman when Softbank isnt the most difficult buyer.....

[Balance]

https://www.nzherald.co.nz/personal-...ectid=11932876

Blast from the past (Oct 2017) - let's see what PEB has actually achieved against an assessment of the company by an expert :


Red shows what actually happened.

• The company expects to receive just $4m of the $12.6m it expects to bill for Cxbladder in the current year

Cash receipts from customers of $3.4 million reflect the long reimbursement processes, particularly in the US, with a large portion of cash received in FY18 for tests sold in prior years.

• Pacific Edge is expecting a huge improvement in the March 2019 year, with estimated Cxbladder revenue of $27.9m and cash receipts of $25.7m"

Operating revenue from test sales was up 12% to $3.8m, with total revenue for the period of $5.1m. - $3.8m vs $27.9m expected!!!!!


Not hard to see why there are only mainly underwriters (too much to lose and impossible to get out) stuck in PEB - who else would want to have a bar of this &@#?

[Schrodinger]

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

[blackcap]

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

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