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  1. #2361
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by minimoke View Post
    Promising year after year that American certification is just around thecorner, sucking up shareholder funds in the meantime, paying extravagant executive wages and never ever getting close (PEB = Pacific Edge Biotech)
    Who's getting milked, the cows or shareholders ?
    The optics of putting this certification process on hold look quite troubling. No progress on other certification processes in China either. Looking more like a fiasco almost every other day. Very pleased to be out.
    Last edited by Beagle; 17-05-2019 at 10:34 AM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  2. #2362
    Legend minimoke's Avatar
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    ..........
    Last edited by minimoke; 22-06-2019 at 09:59 AM. Reason: Deleted by Minimoke in response to STMOD censorship of posts

  3. #2363
    Legend peat's Avatar
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    yes , I completed my full exit from this somewhat misleading company a couple of days ago. small loss , no worries.

    I believe that is now a hat trick of misinformation events so yeh agree - this ones gone from the portfolio and now relegated to the merely 'Curious' watchlist
    For clarity, nothing I say is advice....

  4. #2364
    Speedy Az winner69's Avatar
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    Leon on radio this morning

    Doesn’t seem too fazed about Munchin not proceeding in the USA

    https://www.rnz.co.nz/audio/player?audio_id=2018695776
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #2365
    Legend minimoke's Avatar
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    ..........
    Last edited by minimoke; 22-06-2019 at 09:59 AM. Reason: Deleted by Minimoke in response to STMOD censorship of posts

  6. #2366
    Speedy Az winner69's Avatar
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    I take it a cease and desist notice means they have to stop building ..doesn’t actually say what they have to stop doing

    http://nzx-prod-s7fsd7f98s.s3-websit...778/300164.pdf
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #2367
    Legend minimoke's Avatar
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    ..........
    Last edited by minimoke; 22-06-2019 at 09:59 AM. Reason: Deleted by Minimoke in response to STMOD censorship of posts

  8. #2368
    Legend minimoke's Avatar
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    ..........
    Last edited by minimoke; 22-06-2019 at 09:56 AM. Reason: Deleted by Minimoke in response to STMOD censorship of posts

  9. #2369
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by minimoke View Post
    I give them until Thursday - On Friday an injunction will be filed in court. Given theres a Court of Appeal decision I dont see an injunction as a difficult thing to achieve so a relatively quick decision. There about a week and a half of building time left on the clock
    I agree that it is highly likely that an injunction will be sought and granted...unless of course the cease and desist letter was crafted to force Synliat to get around the table and talk about a meaningful settlement. Potentially very disruptive for Synlait and I for one don't think its been priced into the shares yet.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  10. #2370
    Legend minimoke's Avatar
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    ...........
    Last edited by minimoke; 22-06-2019 at 09:57 AM. Reason: Deleted by Minimoke in response to STMOD censorship of posts

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