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  1. #15311
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    Quote Originally Posted by Balance View Post
    But the tide was supposed to be already in - 2014 with 'tens of thousands of tests'?

    What happened?
    PEB has had to overcome an underguesstimated amount of dissonance.
    How could anyone tell exactly what the resistance might be to groundbreaking technology?
    You could only guess at best.
    The alleged optimism as reported by the ODT may well have been prevailing opinion back in 2014 however many of us have managed to move on from that by taking up brick wall bashing as a more pleasant and diversionary tactic as opposed to ploughing the same bit of dirt over and over.

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    Quote Originally Posted by Minerbarejet View Post
    PEB has had to overcome an underguesstimated amount of dissonance.
    How could anyone tell exactly what the resistance might be to groundbreaking technology?
    You could only guess at best.
    The alleged optimism as reported by the ODT may well have been prevailing opinion back in 2014 however many of us have managed to move on from that by taking up brick wall bashing as a more pleasant and diversionary tactic as opposed to ploughing the same bit of dirt over and over.
    I would actually tend to want to agree with you but for the fact that PEB continues to be evasive about giving real concrete data (eg. how many tests in total, how many fully paid and how many on deferred basis, the unsustainable high level of receivables) to allow investors to properly track against the consistently extremely-without-substantiation bullish and upbeat statements by directors and management.

    It's one thing to get the timing of the tide wrong by at least 3 years, it is another to pretend that the projection was never made.
    Last edited by Balance; 13-12-2016 at 03:32 PM.

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    Unless PEB products are overtaken by better, cheaper or better funded, hard to see urologists or patients reverting to invasive tests after experiencing noninvasive. Which should mean that the number of tests will grow, and probably quite quickly once a degree of momentum is in play.

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    Quote Originally Posted by Balance View Post
    I would actually tend to want to agree with you but for the fact that PEB continues to be evasive about giving real concrete data (eg. how many tests in total, how many fully paid and how many on deferred basis, the unsustainable high level of receivables) to allow investors to properly track against the consistently extremely-without-substantiation bullish and upbeat statements by directors and management.

    It's one thing to get the timing of the tide wrong by at least 3 years, it is another to pretend that the projection was never made.
    Its one thing to have a misunderstanding surrounding a relatively minor issue that is obvious even to the untrained punter as a forwardlooking statement. Its another to take that issue and turn it into an all encompassing major defining moment that directors should be thrown to the lions for having the temerity to suggest it is a possibility.

    Our Rachel had it right, " It wont happen overnight, but it will happen!"

    By the way, heard she called Hillary after the election and said " You cant beat a Trump, pet."

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    Quote Originally Posted by Minerbarejet View Post
    Its one thing to have a misunderstanding surrounding a relatively minor issue that is obvious even to the untrained punter as a forwardlooking statement. Its another to take that issue and turn it into an all encompassing major defining moment that directors should be thrown to the lions for having the temerity to suggest it is a possibility.

    Our Rachel had it right, " It wont happen overnight, but it will happen!"

    By the way, heard she called Hillary after the election and said " You cant beat a Trump, pet."
    Rakon and Wellington Drive told shareholders and the market the same thing - 'it will happen.'

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    WDT looking much healthier than the last 4-5 years minimum currently. Management sorting their sht out and they finally getting close ..... actually quite a good analogy to PEB really balance, for different reasons but similar just the same.

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    Quote Originally Posted by cammo View Post
    WDT looking much healthier than the last 4-5 years minimum currently. Management sorting their sht out and they finally getting close ..... actually quite a good analogy to PEB really balance, for different reasons but similar just the same.
    Agreed.

    Be a long long looooooong while (if ever) for those who bought into Ross Green's WDT story in the early 2000s to get their money back, let alone make a return on their investment. Share price was the equivalent of over $10.00 at one stage.

    But good nevertheless to see WDT making progress.

    PS. I sincerely hope PEB makes it too but I have grave reservations about the ability of the current management and board to do it.
    Last edited by Balance; 14-12-2016 at 08:56 AM.

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    Quote Originally Posted by Balance View Post
    Agreed.

    Be a long long looooooong while (if ever) for those who bought into Ross Green's WDT story in the early 2000s to get their money back, let alone make a return on their investment. Share price was the equivalent of over $10.00 at one stage.

    But good nevertheless to see WDT making progress.

    PS. I sincerely hope PEB makes it too but I have grave reservations about the ability of the current management and board to do it.
    There is word from some quarters that DD should remain with the company but slip into a more technical role (he's a technical guy) and get a much more classic archetypal CEO. Things may occur quicker if this was to happen, yet even with the current setup it will still work but the wheels will turn slower.

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    Quote Originally Posted by When the bass drops View Post
    There is word from some quarters that DD should remain with the company but slip into a more technical role (he's a technical guy) and get a much more classic archetypal CEO. Things may occur quicker if this was to happen, yet even with the current setup it will still work but the wheels will turn slower.
    Especially if he could do a deal with a high profile partner--We live in hope.....Hey I thought you were off for the Christmas break

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    Quote Originally Posted by skid View Post
    Especially if he could do a deal with a high profile partner--We live in hope.....Hey I thought you were off for the Christmas break
    Couldn't stay away skid. Too much interesting stuff to mull over

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