PEB - Pacific Edge Ltd

[When the bass drops]

Haha. If he is advising Manchester, would be modern times biggest view turnaround.

[Dentie]

Haha. If he is advising Manchester, would be modern times biggest view turnaround.

Don't worry, if the news had any sort of negativity in it....there would be a "told ya!" type of post from NZ's own Oracle...no matter where he was in the world.

[Balance]

Might be advising Manchester

No ....he’s on holiday

Ah - now I know why my ears were burning and I thought it was just the hot tropical sun in Bali!

[Ggcc]

Ah - now I know why my ears were burning and I thought it was just the hot tropical sun in Bali!

Bali is the perfect place to unwind. Hope the trip went well?

[Balance]

So what is there to like about the announcement?

Putting a bit more plasma into the intravenous feed to last another 1.5 months is good news?

Whatever happened to all that CONFIDENCE about great things ahead with the last capital issue of $21.3m at 32c in November 2017?

Why would any company on the verge of greatness (and greatness had been around the corner for the last 3 capital raises) and commercial success raise a miserable $2.6m at 32c when the sp will SURELY rocket to $1 on announcement of said success?

Existing shareholders should be up in arms - having pumped in over $120m at much much higher prices but ...

It is clear that PEB will not get any more money from existing shareholders (especially the sucker institutional underwriters bloated with shortfalls) so $2.6m is better than nothing.

What a laugh.

[minimoke]

Why now? Should have got USA money in earlier. $2.6M is pitiful..

The 32c raises the question why pay the premium. .

I dont understand this either. Wouldnt the situation have commanded a discount?. Or at least why not mop up at $0.28 on market

[pierre]

I dont understand this either. Wouldnt the situation have commanded a discount?. Or at least why not mop up at $0.28 on market

Maybe, just maybe, somebody believes good news might be coming sooner rather than later - excluding B******e of course. Just a hunch.

[Balance]

Maybe, just maybe, somebody believes good news might be coming sooner rather than later - excluding B******e of course. Just a hunch.

But of course, it's all about the good news coming, right?

Just as Harbour, Salt, Devon, Westpac, etc etc etc were sucked into putting tens of millions of dollars of their funds into PEB - good news is just around the corner.

Heck, the $2.6m from Manchester is not even a 4th decimal point rounding difference in its total funds under management! And the market is supposed to give greater credence to its investment than Harbour, Salt etc?

[Balance]

Maybe, just maybe, somebody believes good news might be coming sooner rather than later - excluding B******e of course. Just a hunch.

On a different tack, PEB and DD better hope that what you have written is not correct - because it will constitute breach of continuous disclosure, potential insider trading and/or selective disclosure of sensitive information.

Recall PEB was fined $500k a few years ago for exactly such an offense?

[pierre]

On a different tack, PEB and DD better hope that what you have written is not correct - because it will constitute breach of continuous disclosure, potential insider trading and/or selective disclosure of sensitive information.

Recall PEB was fined $500k a few years ago for exactly such an offense?

Not an unexpected response - but I did word my comment carefully - note the word "believes".