Oh well, this company isn't a total lost cause. David Darling did get a new deck out of it.
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Oh well, this company isn't a total lost cause. David Darling did get a new deck out of it.
I think that's abit of a overreaction until further information is released. The market has priced PEB as it has. I dont think we will see too much movement below 10c until a few months have passed or further negative information has been released. Currently, no news is bad news.
Harbour Asset keeping the faith! https://www.nzx.com/announcements/413064
PEB is un-investable imo until it comes out with a properly costed coherent achievable plan to become profitable/cash flow positive.
Several tens of thousands of tests in 2014, remember?
US$100m in revenues within 5 years?
The market has been extremely patient and forgiving - I cannot see that happening again.
You think this company has any credibility left with investors (especially new ones) after the mis-information about the LCD’s coverage regarding medically necessary tests?