https://www.nzx.com/companies/PEB/announcements/261058
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Hi Penn, two announcements today :-)
Title Date Type Pacific Edge issued patent in Europe for gastri... 24 Feb 2015, 3:43pm GENERAL European Patent Office grants PE patent for Cxb... 24 Feb 2015, 12:56pm GENERAL
Ah thanks I could not see the 12.56 one on the NZX!
But if the Gastric news is price sensitive, why release it at 3:43pm
surely the European patent office don't send out e-mails at 1:00am.
Curious. They mustn't have known at the time of the first announcement.
The first announcement only has this is mention to gastric cancer:
NZX Announcement ID 261056
Meanwhile Pacific Edge has been rapidly extending its portfolio of intellectual property based on its molecular diagnostic technology with the recent grant of patents in the US for the prognosis of melanoma, in Japan for the prognosis of colorectal cancer and in China for the detection of gastric cancer.
And interestingly there was a buy on the first announcement but not the second.
They may have been trying to get more bang for their buck....There was a small flurry..but things soon settled a tad higher than start--1c in the end----i think that sort of thing needs to be backed by hard sales at this point...some indication that things are in fact going forward at an acceptable rate.
I received the following response from the Commercial Director of PEB late this afternoon:
"Thank you for your email. There won’t be any interim updates provided outside of the the formal announcements provided by the company at the key specified times of year i.e. year end and half year announcement dates. Outside of this we continue to announce to the market any additional material events as required by continuous disclosure rules of the FMA.
In that regard we did make two announcements today relating to the recent issue of additional patents in Europe for our Cxbladder, and Melanoma technology (see below), with some reference to our current progress in the US with Cxbladder.
http://www.pacificedgedx.com/news-an...-for-cxbladder
http://www.pacificedgedx.com/news-an...gastric-cancer
Thank you for your continued support, patience and interest in Pacific Edge."
The post above is an indication of closely posters and investors follow comments and expectations of PEB's management.Quote:
Originally Posted by 2 February 2014
I guess it means PEB is currently running at least a year behind schedule, maybe 2 years.