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05-09-2014, 04:09 PM
#9291
Cancer diagnostics company Pacific Edge [NZX: PEB] is probably being closely watched by bigger US medical companies waiting for a ripe opportunity to acquire, its chief executive David Darling believes.
a snippet from an NBR article just posted behind the paywall.
I don't think it will happen before todays close though.......
and waiting for snapiti to call it rhetoric
Last edited by Xerof; 05-09-2014 at 04:24 PM.
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05-09-2014, 04:19 PM
#9292
Member
Cxbladderdetect is now being sold in the US, New Zealand, Australia, and soon in Spain. The second product in the programme, Cxbladdertriage, is scheduled for commercial release in New Zealand by the end of this year.
(© Copyright Protected - The National Business Review)
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05-09-2014, 04:20 PM
#9293
Member
Originally Posted by sharp
Cxbladderdetect is now being sold in the US, New Zealand, Australia, and soon in Spain. The second product in the programme, Cxbladdertriage, is scheduled for commercial release in New Zealand by the end of this year.
(© Copyright Protected - The National Business Review)
Wise to hold on more positive news on its way.
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05-09-2014, 04:29 PM
#9294
Member
Originally Posted by snapiti
Cancer diagnostics company Pacific Edge [NZX: PEB] is probably being closely watched by bigger US medical companies waiting for a ripe opportunity to acquire, its chief executive David Darling believes.
well you have to admit he is pretty good at talking up the companies prospect.
Hopefully not just more rhetoric.
You'd hope so... a market capitalisation of $300M at its current SP of 94C.
I would certainly think a $300M or even a $500M buy is an acquisition that a major pharma could easily achieve - they are not shy to acquire and monopolise.
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05-09-2014, 04:43 PM
#9295
Without going behind the NBR paywall, the headline on their website says it pretty well:
Pacific Edge will be 'juicy nugget' for purchase: David Darling.
That being so, it really doesn't need a lot more proof of immediate marketing achievement by the Dunedin crew to keep the SP going up.
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05-09-2014, 05:06 PM
#9296
Originally Posted by NT001
Without going behind the NBR paywall, the headline on their website says it pretty well:
Pacific Edge will be 'juicy nugget' for purchase: David Darling.
That being so, it really doesn't need a lot more proof of immediate marketing achievement by the Dunedin crew to keep the SP going up.
Almost makes you wonder if a takeover has been his plan all along?
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05-09-2014, 08:09 PM
#9297
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05-09-2014, 08:15 PM
#9298
Yawn. Prob gets offers every other day. (ducks)
What is actually behind the paywall? In what context was this statement made? We now believe everything in the NBR?
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05-09-2014, 08:19 PM
#9299
Regardless of whether it's true or not, is that not very unprofessional to drop it like that? Almost another tens of thousands of tests moment.
Two good press releases followed by a favorable statement.... Familiar pattern?
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05-09-2014, 08:23 PM
#9300
Originally Posted by psychic
Yawn. Prob gets offers every other day. (ducks)
What is actually behind the paywall? In what context was this statement made? We now believe everything in the NBR?
Well certainly when asked at the AGM, his response was that the company should have a few more runs on board first, but if a takeover was proposed shareholders would be informed. Could happen at anytime of course, but it was way more likely in 2011 and will be more likely again from 2017, less likely in between.
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