Would someone at PEB please turn the bloody lights off and sub lease the offices ....
Printable View
Would someone at PEB please turn the bloody lights off and sub lease the offices ....
That is why I have never bought into PEB, despite being in Dunners for a number of years and coming across various staff. I'm just a simple soul, but never fully understood or wanted to understand the process. Always thought regardless of how good the product is, the road to market and riches is full of unknowns (and potholes).
My interpretation is that by Novitas announcing this yesterday, they are now compliant procedurally (by providing the 45 day notice period). The only positive is that there is a scheduled 'open meeting' on 11 Aug where PEB can put forward their case - but I would suggest that the likelihood of a reversal in Novitas' decision within the short to medium-term is slim to none.
I'm one of those guys that despite decades of experience still throws some money at Biotechs that so far have always failed. It's not big money but I always hoped that one of them will make it big. Hopefully PEB will be the last straw and I continue to invest in companies I actually understand and make money from. But then can old dogs learn new tricks?
Interesting that it didn’t open at 5c this time