PEB - Pacific Edge Ltd

[Greekwatchdog]

Novitas are running this decision right to the last day by the looks of it.

[pierre]

Novitas are running this decision right to the last day by the looks of it.

Yes, tension levels will be high at PEB head office and among more than a few shareholders too (me included).

[jonu]

Yes, tension levels will be high at PEB head office and among more than a few shareholders too (me included).

I'm envisaging plenty of intense lobbying going on. Novitas won't want to earn the scorn of the Urology professionals who appear to be accepting/adopting the tests. At least I hope that's the case.

Discl: Holding

[etrader]

They say it will be release on 26th, given its a listed stock are we expecting a trading halt or at least info to roll out from 730 to give the market time to digest either way

I'm envisaging plenty of intense lobbying going on. Novitas won't want to earn the scorn of the Urology professionals who appear to be accepting/adopting the tests. At least I hope that's the case.

Discl: Holding

[pierre]

They say it will be release on 26th, given its a listed stock are we expecting a trading halt or at least info to roll out from 730 to give the market time to digest either way

If the release is on the 26th in the US, they are the best part of a day behind NZ so it will be Saturday 27th our time. PEB won't be able to release to the NZX till Monday 29th unless there is some other way they could deal with the issue?

[snigmac]

If the release is on the 26th in the US, they are the best part of a day behind NZ so it will be Saturday 27th our time. PEB won't be able to release to the NZX till Monday 29th unless there is some other way they could deal with the issue?

Looking at it now, the news will come out anytime between the 25th and 26th during business hours US time. So we should know either Friday or Saturday nzt. Shouldn't take PEB much time to release information, as they have planned for every outcome.if news come out on Saturday nzt, we can tell via information online and peb is likely to push out information on Monday.

[etrader]

As a long suffering holder I’m still not confident the this will be overturned and we head down the legal front given the last update when they were dropped for coverage.

My thoughts are US time on Friday it will come out with shares in a trading half come Monday now !!!!! 3.5 - 5c range is not accepted and let’s hope for the best result which will see a nice lift to a drop of what I paid

Looking at it now, the news will come out anytime between the 25th and 26th during business hours US time. So we should know either Friday or Saturday nzt. Shouldn't take PEB much time to release information, as they have planned for every outcome.if news come out on Saturday nzt, we can tell via information online and peb is likely to push out information on Monday.

[snigmac]

As a long suffering holder I’m still not confident the this will be overturned and we head down the legal front given the last update when they were dropped for coverage.

My thoughts are US time on Friday it will come out with shares in a trading half come Monday now !!!!! 3.5 - 5c range is not accepted and let’s hope for the best result which will see a nice lift to a drop of what I paid

Last time round, 21st Century and all the other urology community stakeholders like AUA did not jointly ask Novitas to withdraw the LCD and to engage with the community to develop the LCD. Hopefully it's different this time round...

[carrom74]

Why on earth they would leave it to the last minute?

[snigmac]

Why on earth they would leave it to the last minute?

There is a risk of litigation that could arise if Novitas get this wrong, I think they will draw it out, withdraw the current lcd and then release another draft lcd or engage with stakeholders to get another lcd developed.

Anything can happen tho...