PEB - Pacific Edge Ltd

[Balance]

And their shares are not trading right now???

Tomorrow is when the shares under the rights issue are allotted and allowed to trade.

Let's see what the directors took up then.

[Ggcc]

Tomorrow is when the shares under the rights issue are allotted and allowed to trade.

Let's see what the directors took up then.

Right. I forgot about that. I can’t wait to snap some up on no new news

[Balance]

Right. I forgot about that. I can’t wait to snap some up on no new news

1.7m shares crossed at 12.8c ... rather interesting considering plenty of rights traded at the equivalent of 11c 2 weeks ago.

Someone knows something?

[winner69]

How nice - PEB sent me a Happy Holidays message by email.

Very nice of them

[Cadalac123]

PEB is a sad story really. Product that is actually being used by the DHBs and has some degree of clinician usefulness, however the company clearly had no idea how to appropriately commercialise it.

It's depressing because had they kept their product to Australasia initially to gain initial exposure with a gradual expansion to the US.. this shareprice would be easily above $1 right now.

[pierre]

Tomorrow is when the shares under the rights issue are allotted and allowed to trade.

Let's see what the directors took up then.

How strange that we haven't had a comment acknowledging the directors and executives who supported the cap raise - but doing that would ruin the ongoing negative narrative I guess.

[Balance]

How nice - PEB sent me a Happy Holidays message by email.

Very nice of them

That's nice of them.

Presumably it came with thanks for putting more money to pay the salaries of the highly paid executives and for keeping the company afloat?

[Dentie]

That's nice of them.

Presumably it came with thanks for putting more money to pay the salaries of the highly paid executives and for keeping the company afloat?

A typically mischievous swipe from you Balance...you just can't help yourself.

As most of us know, ALL companies (in fact, ALL businesses!) would drown if they didn't receive enough cash to fund themselves...be it equity or debt. Mind you, you would probably also know that - whether you've owned a business or not.

Merry Xmas Balance - I hope (for all our sakes!) your personal crusade will no longer be necessary not too long after the start of 2020.

[Balance]

How strange that we haven't had a comment acknowledging the directors and executives who supported the cap raise - but doing that would ruin the ongoing negative narrative I guess.

https://www.nzx.com/announcements/346318

Yup - it's good to see directors and executives putting money into the capital raising.

Worthwhile giving a special mention to John Duncan (after resigning abruptly as director with no explanation) - he increased his stake from 900k shares to 2.485m during the rights issue. Certainly got my attention.

Also, worth mentioning Kate Rankin - not so much for the amount she put in ($12k) but the fact that she has not bailed out after deciding to resign.

David Darling did the usual tokenism - sold most of his rights (80%) to purchase shares. In the past, they all sold their in the money rights and pocketed the money. He would have been advised not to do so this time.

[Balance]

A typically mischievous swipe from you Balance...you just can't help yourself.

As most of us know, ALL companies (in fact, ALL businesses!) would drown if they didn't receive enough cash to fund themselves...be it equity or debt. Mind you, you would probably also know that - whether you've owned a business or not.

Merry Xmas Balance - I hope (for all our sakes!) your personal crusade will no longer be necessary not too long after the start of 2020.

All companies use equity and debt indeed to operate and build up successful businesses, and give good returns to their owners/shareholders.

It has been one way street for PEB - where is the successful business promised year after year after massive injection of funds year after year? Shareholders have received nothing but losses year after year!!!!

As for personal crusade, open up your mind and I genuinely believe you will see that everything I have written on PEB is right on the button. Less so a personal crusade than pointing out the obvious - like dodgy accounting and bumbling commercialization.

But as we close in on a new year and reflect back on 2019 and all that has happened, allow me to give credit to the long suffering shareholders of PEB who have seen nothing by way of returns for their patience and financial support.

Wishing you all a Merry Christmas and may 2020 bring you relief from your suffering and reward for your patience and support.

Have a great holiday, Dentie and the best of the festive season.