Never a dull moment with this puppy
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Never a dull moment with this puppy
In my experience, the big institutions can stuff it up just like the rest of us.
ACC being on the substantial shareholder list doesn't add to or subtract from, the prospects of the company, and I don't see political fallout, regardless of the company's future. It is just one of their many investments. Some will go well, others wont.
Disc. Hold PEB and considering more.
Excuse the ignorant / naive question, but should we read anything positive into the fact that ACC is investing in a bio-tech? I guess what I'm asking is would the investment arm of ACC have any tentacles into the health sector to judge the likely success of this?
ACC have been a shareholder for quite a few years and have previously topped the 5% mark. It should be a good sign that they are willing to increase their stake at .65c.
I dont agree with ACC's success in investing-they have made some real cock ups, such as Pike river and PPP
Doesnt mean PEB is a bad investment ,but good to note
Looks like I missed the bottom with my top up, much better than missing the train though! Once all the sheep are gone it will head back up, just look to the future.
People are just seeing how low this will go. Once it turns, expect them to flock in.
Fundamentals haven't changed ... so it will only go as low as the nervous nelly sellers allow it to go. When large holdings like yesterday want to sell in large lots, the equally large buyers with the required cash can dictate the terms. If the sellers don't neet to sell and can hold their nerve and trust the Company is in good nick and poised to grow well, then the price will turn around quicksmart.
Who are these fools selling at this level???
Ha haa, no problem, time to top up... :-)
Has anyone spoken to any urologists/gp's what they think of the product? Would be interesting to hear their responses.
Not sure about urologists/gp's but Peter Leitch The Mad Butcher is a strong advocate of PEB and would know first hand as he has been through their labs. He has also had a health problem in this area so would see the advantages of PEB testing system. Chances are he has a few shares as well.
I know a senior director from a pharmaceutical company and he says its a good technology it depends on marketing solely. Theres plenty of good medicines in the world that never make it due to bad marketing.
So those are the results we are waiting on, marketing. And marketing in the medical world is very different to the normal world. They need to be attending the medical conventions and promoting their goods.
does acc have any other ssh holdings or are they required by law to have less than 5% in any one holding, not too familiar with the setup of acc.
thanks for that Sparky - looks like a bit of required reading for Sunday afternoon