PEB-Pacific Edge

Basil · Jun 06, 2023, 02:26 PM

Much too early to tell at this stage Winner. NPH and GTK also inline for inclusion as is TRA.
SAN might get booted out for liquidity reasons and then there's WHS's and SML's price collapses in recent months in play as well for possible exclusion.
Lot of water to pass under the bridge between now and end of August...much will depend upon share price and volume action of all of the above as well as PEB.
There's a lot of moving parts.

Thanks for link Shareguy but on a really quick look it doesn't look accurate to me. E Road was booted out last year from memory and HLG is in the NZX50 but not in that list. Not sure if there are other errors.

winner (n) · Jun 06, 2023, 02:33 PM

Quote from: Shareguy on Jun 06, 2023, 02:19 PMhttps://www.interest.co.nz/nzx50

Bit out of date that list

Shareguy · Jun 06, 2023, 02:55 PM

Yes agree. Dated May 23 but clearly wrong.

Stoploss · Jun 06, 2023, 03:02 PM

Quote from: Shareguy on Jun 06, 2023, 02:55 PMYes agree. Dated May 23 but clearly wrong.

All the comments at the bottom of the story are from 2020 ...
PPH has gone as well. ....

Shareguy · Jun 06, 2023, 03:43 PM

So if we use the trading today as a guide for tomorrow.

Opened $0.495
Low. $0.275
High $0.28

Volume. 266999

Feel sorry for all the people who brought on Friday.

Left Field · Jun 06, 2023, 04:25 PM

PEB asks NZX to halt trades, yet somehow today shares have been traded?

Off market deals?? Anyone care to explain how this can happen?

winner (n) · Jun 06, 2023, 04:46 PM

Quote from: Left Field on Jun 06, 2023, 04:25 PMPEB asks NZX to halt trades, yet somehow today shares have been traded?

Off market deals?? Anyone care to explain how this can happen?

Apparently a mistake and trades prob be reversed ....so I'm told

Shareguy · Jun 06, 2023, 05:06 PM

I was told it was a mistake and yes trades were canceled.

Left Field · Jun 06, 2023, 05:13 PM

Thanks Winner and Shareguy for the clarification. Appreciated.

( FWIW I note the trades have now been wiped from Jarden's depth and trade details.... market price back to where it was in Fri.)

Basil · Jun 07, 2023, 09:54 AM

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/PEB/412643/396026.pdf

No surprises that management are wanting to try to continue to receive their salaries for as long as they possibly can...

My view. The number of false positives is absolutely ridiculous in my opinion. Based on my personal experience noted above, I wouldn't touch this with a 40ft barge pole. Far better to insert a camera up there and have a good look around. Only reason I can see not to do this would be a chronic shortage of qualified staff.

The market is not fooled by their smoke and mirrors. Looks like opening at just 5 cents down from 48 cents. Just one tenth of what it was. WOW !
P.S. Yeap, opened at 5 cents down a whopping 89.9% on last Friday.

Fair to say this is highly likely to exit the NZX50 in due course.

winner (n) · Jun 07, 2023, 10:34 AM

Saw my JUSTASKPERCY winnings sitting there and said why not so got a few at 5.4 cents ....could be a good bet eh

LoungeLizard · Jun 07, 2023, 10:36 AM

Wow -5c eh? No doubt about it this is a massive blow for PEB , although maybe not a fatal one unless there's contagion to other providers. If Kaiser pull stumps, then it's game over.
I had a small flutter on PEB and wish I'd sold at it's peak - looks like I'm well and truly stuck now

The whole saga is really hard to figure out, given that CXBLadder was given approval for medicaid and medicare customers only three years ago. What is known now that wasn't known then? The false positives thing is a red herring in my opinion. The bio-marking sensitivity thresh-hold can be lowered or raised as far as I'm aware. Better to set the bar low and have a 100 false positives, than too high and miss a real one. And, it should be noted, CX Bladder is a first line of defence screening tool designed to weed out out those with non-threatening, small amounts of blood in the urine. Without such a tool, everybody would have to get pretty nasty invasive procedure regardless of whether it turned out to be warranted or not. No-one gets one of those procedures, gets an all clear, and then complains that they didn't find anything. It's a bit like PSA testing for prostate cancer - apparently there is a significant amount of false positives with that test, but it is still a useful tool to minimise the number of biopsies.

The SP is a write-off for another decade (sigh) but I think PEB will continue in one form or another. An appeal may be successful or the new CXBladder Detect+ may address some or all of the concerns. In the meantime the digital share certificates go in the bottom drawer

winner (n) · Jun 07, 2023, 10:47 AM

Quote from: winner (n) on Jun 07, 2023, 10:34 AMSaw my JUSTASKPERCY winnings sitting there and said why not so got a few at 5.4 cents ....could be a good bet eh

Races at Matamata today so sold already ......rewarding coffee break

winner (n) · Jun 07, 2023, 10:51 AM

Quote from: winner (n) on Jun 07, 2023, 10:47 AMRaces at Matamata today so sold already ......rewarding coffee break

Probably go to 25 cents later today

Basil · Jun 07, 2023, 11:04 AM

To be fair LoungeLizard, the PSA tests are part of a normal blood test that everyone should get once a year so are ostensibly free, albeit funded at very small cost by the health system as part of the blood test.
What does a CX Bladder test cost ?

In terms of a cystoscopy being a 'nasty" invasive procedure, yes, its uncomfortable, but in terms of getting a definitive answer I would describe it as a real relief to be honest and there are no side effects or lingering pain that I noticed.