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21-06-2023, 11:01 AM
#21021
Originally Posted by Sideshow Bob
$297 million....!!
Disappointing as outside of the company/share perspective, you want companies like this to be successful from the human aspect - earlier detection of cancer and the benefits that brings.
Have worked for a medical devices company for about 7 1/2 years. They are now developing a brain implant to measure brain pressure wirelessly, to know if it's just a head-ache or a blocked drain. Anything involving the FDA in the US is likely to take $50 m minimum to get thru all 3 stages (human trials etc) - but $ 297 m and 20 odd years !
There's got to be something solid to come out of that kind of perserverance, both from PEB and its investors...price back up at 9c for now...
Last edited by Davexl; 21-06-2023 at 11:02 AM.
All science is either Physics or stamp collecting - Ernest Rutherford
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21-06-2023, 12:50 PM
#21022
Amazes me how the punters in NZ have not worked out yet that PEB gets bought up in the mornings in recent times and then, gets sold down in the afternoon when the Ozzies come out to play.
Un-investable until PEB comes out with a coherent strategy sooner than later. Unbelievable that the company is caught like a possum in the headlights.
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21-06-2023, 02:53 PM
#21023
Originally Posted by Balance
Amazes me how the punters in NZ have not worked out yet that PEB gets bought up in the mornings in recent times and then, gets sold down in the afternoon when the Ozzies come out to play.
Un-investable until PEB comes out with a coherent strategy sooner than later. Unbelievable that the company is caught like a possum in the headlights.
Buy in pm sell in am
I'm not a trader, would get caught out. You sound like a particularly good one Balance
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21-06-2023, 02:57 PM
#21024
Originally Posted by Habits
Buy in pm sell in am
I'm not a trader, would get caught out. You sound like a particularly good one Balance
You don’t have to be a trader to understand the patterns
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21-06-2023, 03:22 PM
#21025
Originally Posted by Ggcc
You don’t have to be a trader to understand the patterns
It is so obvious but many of the PEB punters probably think that PEB is soooo cheap? So close both eyes and bye buy bye.
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21-06-2023, 05:49 PM
#21026
And see how all the bids at 8.5c got taken out at the close?
The big boys are getting more and more impatient to get out every day there’s no update from PEB on revised strategy.
Last edited by Balance; 21-06-2023 at 05:55 PM.
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21-06-2023, 06:28 PM
#21027
Originally Posted by Balance
Un-investable until PEB comes out with a coherent strategy sooner than later.
I do agree with you that at the moment it is un-investable, but it's not un-tradable.
Just like the PEB of a few years ago, it's one decent announcement away from a 50%+ bounce. And logically an announcement must come no later than the asm in late July...
Last edited by BigBob; 21-06-2023 at 06:52 PM.
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22-06-2023, 08:42 AM
#21028
Originally Posted by BigBob
I do agree with you that at the moment it is un-investable, but it's not un-tradable.
Just like the PEB of a few years ago, it's one decent announcement away from a 50%+ bounce. And logically an announcement must come no later than the asm in late July...
The big boys are bailing out and will take any bounce as an opportunity to continue to bail out imo.
But by all means trade the stock - PEB shares need all the liquidity it can get.
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22-06-2023, 09:53 AM
#21029
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22-06-2023, 09:53 AM
#21030
Wasnt PEB test being in several hospitals in N Z, and with the decline of coverage in the U S Im wondering where they stand in regard to its reliability and necessity ?
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