PEB - Pacific Edge Ltd

[barney]

It was interesting to watch the shareprice move up after the announcement fron Harbour Asset Management that they had reduced their holding due to an adjustment in their portfolio weightings resulting from the recent strenght in the PEB shareprice. I think the fact that they mentioned the reason for the sale and that it was only part of their holding gave some confidence to the market that Harbour think PEB are on the right track.

The shareprice has had a great run of late and after being a shareholder for over six years it's good to see that at last some potential in the company is being realised.

[Balance]

It was interesting to watch the shareprice move up after the announcement fron Harbour Asset Management that they had reduced their holding due to an adjustment in their portfolio weightings resulting from the recent strenght in the PEB shareprice. I think the fact that they mentioned the reason for the sale and that it was only part of their holding gave some confidence to the market that Harbour think PEB are on the right track.

The shareprice has had a great run of late and after being a shareholder for over six years it's good to see that at last some potential in the company is being realised.

One senses that other investors (especially fund managers) are taking the opportunity of Harbour selling down to get set in the stock.

PEB is getting more liquid but as we have seen with DIL and XRO, it is still extremely hard for fund managers who need volume to get set in a stock to buy on market - when the stock is running up on good news.

So they need o make a judgement call and get set before a stock start producing the goods, so to speak.

[Huskeez]

Holllllly sh!@t just brought back in about 45 mins ago @.75c hoping to be taken out @ .77 cents , asb emailed me and said we have bought your shares .... nek minit... CLIA .. invesment gods are watching hallejuah

[barney]

I would have thought that there would have been an announement regarding a trading halt. Juct checked trading depth on ASB and it's showing a buyer at 80 and seller at 75. So either there's a glitch or there is in fact a short halt as mentioned prevoiusly.

Good news at any rate.

[Slam dunk]

18 March 2013

Pacific Edge's US laboratory receives CLIA registration for Cxbladder

https://nzx.com/companies/PEB/announcements/234251

Anyone trying to pick up any more post announcement??

Yes I picked up some more. Nice to have potential bureaucracy dealt with...one less risk.

[Huskeez]

cool stuck a market order and it went through

Where you get in? @.76?

[iced]

Once 76 gets taken out we should see the stair climbing start. Wonder why someone is selling off there? Weird...

yea... been following the depth all morning and pretty sure that wasn't there pre announcement

[Huskeez]

Once 76 gets taken out we should see the stair climbing start. Wonder why someone is selling off there? Weird...

I was about to say the same thing ... appointment of new director... PEB rallies ... CLIA approval.... sell off lol go figure , still in saying that very early days yet

[BigBob]

Yes, will be a 15-20 minute grace period, then all hell will break loose

Has anyone considered that this news may already be priced in....? Certainly recent price action suggest that could be the case....

Maybe the good old "buy the rumour, sell the fact" is in play....

[croesus]

" all hell is not breaking loose " Moosie.. but expecting 80c plus today.

Cheers.