PEB-Pacific Edge

[LoungeLizard]

I'm certainly not complaining about the CR / LCD timing. The record date has passed so no johny-come-lately can pile in on the CR but it does allow long term holders to participate and get a considerable discount in doing so. Quite often CR's have negative effect on holders so it's refreshing that this one delivers an instant windfall.   

[Pierre]

Profit takers moving in now. Will be interesting to see where the SP lands at closing today. Around 25c maybe?

Closed at 27c. A nice 59% gain on the issue price in the CR.

Lots more to come when the LCD is finalised later this year.

Very happy holder here.

[LoungeLizard]

Great day for holders. The negative posts from just a couple of days ago, didn't age well!

Applied for a 20% increase to my holding today - probably will be scaled back. Pretty much a no-brainer to participate in the CR given the 60% discount.

A lot of horse-trading today, but when things settle down I would expect the SP to keep increasing up to the finalisation of the LCD, which is a certainty. Lot's of good news to come - increasing tests and revenues, other providers perhaps coming on board, momentum in Asia and inclusion in the NZX50.
27c is a steal in my opinion given that PEB are in a much stronger position now than they were when the SP was $1.50!

[Greekwatchdog]

Based on todays news, PEB could be a takeover target sooner rather than later. Once the LCD is confirmed in the future PEB has this to themselves as no other product in the LCD