PEB-Pacific Edge

[LoungeLizard]

Good to see the SP holding up after yesterday's retail offer deadline.

[Pierre]

Good to see the SP holding up after yesterday's retail offer deadline.

It will be interesting to see how much they have raised from investors in the retail offer.

I'm not anticipating any fireworks at next Wednesday afternoon's meeting but hopefully there will be at least an update on how negotiations are going with PEB's "friends" at Novitas.

[Greekwatchdog]

Well thats pretty good result in my book. $4.7m raised out of $5m out of retail investors

�https://www.nzx.com/announcements/456105

[LoungeLizard]

Job done. Now, over to PEB / Novitas to repay the faith.

[Left Field]

Presentation details from ASM today.

Some useful progress being made despite the vagaries of USA Healthcare under R F Kennedy Jnr serving as secretary of health and human services!

https://api.nzx.com/public/announcement/456344/attachment/448912/456344-448912.pdf

Anything useful come up in today's Q & A  session?  ( I couldn't attend)

[Pierre]

I think the most positive point to come from today's meeting is that it will be highly unusual for a product that is included in medical guidelines to remain excluded from Medicare coverage.  The latest Novitas determination did NOT take the latest clinical evidence into account when making their decision. Peter Meintjes appears quietly confident of a successful outcome from PEB's recoverage application.
Director Anatole Masfen, whose company contributed $5 million to the latest CR, said in his opinion PEB is in the best position for success than it has ever been.

[Left Field]

Brilliant, thanks Pierre.

Anatole Masfen is a smart investor. Fingers Crossed.

[LoungeLizard]

I think the most positive point to come from today's meeting is that it will be highly unusual for a product that is included in medical guidelines to remain excluded from Medicare coverage.  The latest Novitas determination did NOT take the latest clinical evidence into account when making their decision. Peter Meintjes appears quietly confident of a successful outcome from PEB's recoverage application.
Director Anatole Masfen, whose company contributed $5 million to the latest CR, said in his opinion PEB is in the best position for success than it has ever been.

Agreed. It does seem to be a matter of when, not if, PEB regain Medicare coverage, as the medical evidence now being considered is overwhelmingly in favour of a positive outcome. Let's hope Novitas don't take the full 12 months (and more) as they did last time, to make their decision. 

[LoungeLizard]

ANZ still buying up large. Good sign of confidence.

https://www.nzx.com/announcements/456739

[Greekwatchdog]

ANZ still buying up large. Good sign of confidence.

https://www.nzx.com/announcements/456739

And Masfen bought a big amount to. https://api.nzx.com/public/announcement/456823/attachment/449572/456823-449572.pdf

Be interesting to see what the Senior Management and Board have bought during CR.

[Pierre]

PEB SP appears to be starting its inexorable march northward. Maybe will close at 12c or more today?

[LoungeLizard]

PEB SP appears to be starting its inexorable march northward. Maybe will close at 12c or more today?

Yes, there seems to be a growing confidence out there with institutions and high rollers that the next Novitas decision is likely to be a favourable one. 

[Left Field]

PEB SP appears to be starting its inexorable march northward. Maybe will close at 12c or more today?

Yeah Nah.... 12c still a dream.

Crikey, SP still essentially back where it was in 2020!

Holders may have more confidence in today's PEB management, product and research findings than those of 2020, however there are still major concerns with Trump's health care non-administration.

Wake me up when there is concrete good news.

[Pierre]

Yeah Nah.... 12c still a dream.

Crikey, SP still essentially back where it was in 2020!

Holders may have more confidence in today's PEB management, product and research findings than those of 2020, however there are still major concerns with Trump's health care non-administration.

Wake me up when there is concrete good news.

No dreaming required.

A day late but the SP hit 12c this afternoon.

More to come over the coming weeks I'm sure as more investors realise success with the LCD is highly likely and decide to jump on board before the inevitable surge in the SP.

[Left Field]

No dreaming required.

A day late but the SP hit 12c this afternoon.

More to come over the coming weeks I'm sure as investors realise success with the LCD is highly likely and decide to jump on board before the inevitable surge in the SP.

My apologies for my last grumpy post Pierre.

I clearly need another dose of your patience.