The statement today simply reaffirms the statement yesterday that the board has not as yet ‘approved’ the terms of the capital raise as set up by the ASX site yesterday.
Your view makes me nervous. It doesn't sound unreasonable. :-) It would be very disappointed to see part of the raise was for some major investors to exit.
I hope Harrie is right. Speculating 70m cap raise + 20m existing cash + potential cash flow improvement this FY sounds a lot of money. It'd better be used for extra staff and potential uptake in the markets other than US.
Your view makes me nervous. It doesn't sound unreasonable. :-) It would be very disappointed to see part of the raise was for some major investors to exit.
I hope Harrie is right. Speculating 70m cap raise + 20m existing cash + potential cash flow improvement this FY sounds a lot of money. It'd better be used for extra stuff and potential uptake in markets other than US.
The announcement came from somewhere - I don't think it was 'made up'.
It may have been premature but it had to much detail for it to be a total lie - IMHO.
The announcement came from somewhere - I don't think it was 'made up'.
It may have been premature but it had to much detail for it to be a total lie - IMHO.
Cxcolorectal is a prognostic gene signature for patients diagnosed with stage II or stage III colorectal cancer. The test predicts the aggressiveness of the tumour, allowing physicians to make the best decision regarding treatment for the patient. The gene signature passed a clinical study in Europe and Pacific Edge is currently refining Cxcolorectal to reduce cost and increase ease of delivery of the service. Cxcolorectal (Prognosis Gen I) has completed clinical trials and is preparing for commercial launch.
Just one of several possibilities if there is anything to it.
At twice the number of new patients annually than bladder cancer and probably a separate facility required this may be where it would go.
Reflecting on the comms after this happened.... If ASX had made a mistake they would have issued a message that they did it. The fact that the correction came from PEB suggests the CR information came from them initially.
Reflecting on the comms after this happened.... If ASX had made a mistake they would have issued a message that they did it. The fact that the correction came from PEB suggests the CR information came from them initially.
Of course it came from PEB and their advisors …..ASX don’t make things up
No disputing that
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Originally Posted by winner69
Harbour Capital reported as not knowing about any impending cap raise
Reply With Quote
Bookmarks