PEB - Pacific Edge Ltd

[Merc]

Where PEB sp settles at over the course of this week will depend totally on how well PEB & the joint managers have allotted the $80m shares.

If they have done a good job like Serko (the one I own & follow most closely), we should see good volumes transacted as the flippers sell out to the committed long term holders - provided the allotment of shares was skewed hugely towards the latter. The latter will be happy to buy more on market because any price increase above the placement price immediately improves the returns on their underlying position.

PS. My reply was to THIS post

[artemis]

I do hope ALL "Flippers" are paying tax on their Capital Gains... like those who Buy and Flip Property.
My guess is probably not.

Time for a bright line test on selling other assets? Shares, currency, farms, businesses, commodities, art, classic cars, own home. No problem to sell, just pay income tax on capital gain. How about 10 years. Just to be consistent, of course.

[Balance]

I do hope ALL "Flippers" are paying tax on their Capital Gains... like those who Buy and Flip Property.

My guess is probably not.

Capital gains are non-taxable in PIE funds, right?

[Mel]

Capital gains are non-taxable in PIE funds, right?

My understanding is that the general rule is that capital gains in NZ/AUS shares in a PIE fund are not subject to capital gains.

[Balance]

My understanding is that the general rule is that capital gains in NZ/AUS shares in a PIE fund are not subject to capital gains.

Thanks. That has been my understanding but I wondered if I had missed any changes in tax laws on PIE in recent times.

[calledone]

I've applied for the full $50k yesterday. Hoping scaling won't be huge.

[Neophyte]

I've applied for the full $50k yesterday. Hoping scaling won't be huge.

Have also applied for the full $50k. Believe in the potential opportunity and happy to give them the time to execute. It's not a certainty but personally have seen/heard enough to be part of the journey

[Balance]

http://nzx-prod-s7fsd7f98s.s3-websit...072/355919.pdf

Interesting one of the big holders decided not to participate in the CR but sold shares during the sp spike following the ASX listing announcement.

[calledone]

http://nzx-prod-s7fsd7f98s.s3-websit...072/355919.pdf

Interesting one of the big holders decided not to participate in the CR but sold shares during the sp spike following the ASX listing announcement.

Are we able to check who are the institutions that took part in the oversubscribed placement?

Looks like Westpac still has a significant holding.

[Retired Doc]

A further 2c worth. The best part of the recent PEB spiel for me was the statement of their intention to have a focus on getting the test to primary care. This is where the real potential for growth lies and where CxBladder can have a major effect on the diagnosis of bladder cancer at considerable cost savings and far greater convenience to the patient. I can see why PEB had to aim at the specialist Urologists first but soon GP's will be clamouring for access to it (IMHO). Hold and buy.......