Correct. In this case it has been brilliant at transferring wealth from impatient shareholders to patient management. :D
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Not directly related to PEB, but this article may give an insight into the difficulty of trying to change the health system and screening programs.
http://www.stuff.co.nz/national/heal...ts-frightening
Curious, current PEB holders, did any of you also have a stake in ICP Bio years back?
Hi Miner, just to confirm, during the AGM Chris Swann was specifically asked about this (by one of the brokering houses representatives). Swann confirmed two things.
1) 2013 was their first year of commercial trading.
2) 100m is therefore expected in 2018.
Once and for all that should put an end to the 1000s of posts regarding the $100m.
Events at the AGM this year are looking like a huge turning point for perception of PEB in the market, or more to the point, a huge turn-off for the market and some shareholders.
It would have been a huge and traumatic shock to many of the faithful to know for the first time that the Chairman and CEO, after waxing lyrical about the company's prospects and urging support for the capital raising, did not support the capital raising themselves. Worse was the comment that they might have if they could make a few bob from trading the rights! So it's heads they win, tails you lose?
" His bizarre response to the question regarding directors not taking up their rights in the capital raise capped it all off. For some reason he went down the track of suggesting things could have been different if the rights issue had created some value and at the very least directors could then have had the chance to trade their rights....??"
Well, it is looking like 55 cents today :scared: and that takes the share to where it was in 2012 before the infamous $100m revenues in 5 years, eh maybe 6 years and soon to be 10 years?
Franko, I find it odd that reposting things over and over seems to make you feel so good. It becomes even stranger that you repost other peoples comments, about things you have demonstrated time and time again that you actually know nothing about.
I doubt you will respond to this as several people, including myself have tried to take you up on similar things, but would you please consider quiting filling up the thread with the same old crap. It really is tiresome.
If you have new thoughts or even better new factual information by all means post away, but the same thing over and over again? I don't know mate, maybe you have little else to do and this is what tickles your fancy.....
Perhaps the alternative is just to block you. Maybe something people could think about if they are feeling the same way as me.
Think about it mate, please.
Yep twotic and it would be good if he posted under just one name, why do people think they should use two or more posting names? perhaps it gives their ego an extra boost or maybe they think they can post more using several names? Quite a mystery really.
Franko I believe some of these people you refer to not supporting the capital raising (and the bla bla that goes with your post about this) were in fact not able to even if they wanted to... I am not 100% sure myself, but please do check your facts.
I would personally be much more confident if a external 3rd party (like the several institutions who have actually built up a stake in PEB) put money into it that the actual executives themselves, as those institutions need results for their investors (in some cases they're investing other people's life savings)... David Darling, well if he wants to build another deck or some other home addition this year (like 2013) instead of take part in the capital raising this doesn't have much of an effect beyond his personal choices/finances... (surprised you haven't considered this)
Twotic, share price has fallen to 56 cents post the AGM (8% drop against the rights price of 61 cents and 23% against the pre-announcement price of 73 cents) - explaining the fall does not constitute reposting. It's building up the case as to why.