PEB - Pacific Edge Ltd

[blackcap]

https://www.odt.co.nz/business/pacif...-100m-forecast

It's actually dated 2 Oct 2017.

Yes but the article you used for your figures is from 23 August 2013

Friday, 23 August 2013
Pacific Edge $100m forecast

"The US remained ''the company's focus for 2014'', chief executive David Darling said, sales there having been allowed to start from July 1 after the granting of strict regulatory authority.

In the last financial year, Pacific Edge booked its largest annual loss, $6.94 million, since listing on the stock exchange in 2003, but as of yesterday retained about $10 million in the bank, which would cover operations for the coming year."

[pierre]

https://www.odt.co.nz/business/pacif...-100m-forecast

It's actually dated 2 Oct 2017.

Sorry - confusion - the ODT page heading is Oct 2 2017.

[Balance]

http://www.voxy.co.nz/national/5/294664

Congratulations are in order indeed.

Well done, Professor Parry Guilford!

[Balance]

http://www.onclive.com/conference-co...lance-of-nmibc

https://www.zacks.com/stock/news/233...cancer-monitor

The research, development and launch of new tests continue.

[silu]

Oh dear oh dear. Rights Issue at 32c.

[winner69]

Oh dear oh dear. Rights Issue at 32c.

Cheap eh

Best ploy might be not to take them up and hope they get more than 32 cents in the book build of the leftovers and get a few dollars bonus ....could call it a dividend

[silu]

Selling this for a small(ish) loss in 2013 was one of the best decisions ever.

[winner69]

So cash flow breakeven is now targeted as 'soon as possible'

Good that no promise made ...but did seduce you with a during financial year 2019 hint.

Poor t_j - everybody seems to want his spare cash


i gave them some cash once. Paid 60 cents something and the share price went to $1.20 something the next day when some big deal was announced. Still working on that deal I think

[winner69]

Raising $21m is a bit ominous

Sort of suggests cash flow positive 'as soon as possible' isn't as soon as most people's interpretation of ASAP

Also suggests they not confident of transformational deals producing much cash in the foreseeable future

[winner69]

So this will take total capital raised over the years to more than $130m

Pretty incredible eh

But then that's the beauty of capital markets - the ability to raise cash to do innovative things and make zillions