PEB-Pacific Edge

[lorraina]

You would think that with their history of capital raises they would get it right.?

[Greekwatchdog]

You would think that with their history of capital raises they would get it right.?

I guess the unexpected news they received midway thru the Cap Raise with the opening of the LCD is the main reason for oversubscription.

Not a bad reason for those who were invested when offer opened. Investors trying to get as much as they can. Would they have if the news of LCD Draft had not come thru?

[LoungeLizard]

I guess the unexpected news they received midway thru the Cap Raise with the opening of the LCD is the main reason for oversubscription.

Not a bad reason for those who were invested when offer opened. Investors trying to get as much as they can. Would they have if the news of LCD Draft had not come thru?

Yes, the great news in the middle of the cap raise would have made certain that it would be way oversubscribed. PEB couldn't have foreseen that. And I guess, whatever amount retail investors do get, they stand to make a 60% gain. Can't complain I guess

[Left Field]

Harbour been buying PEB at an average of .20c

https://api.nzx.com/public/announcement/473443/attachment/469508/473443-469508.pdf

Smart people at Harbour.

[Pierre]

Harbour been buying PEB at an average of .20c

https://api.nzx.com/public/announcement/473443/attachment/469508/473443-469508.pdf

Smart people at Harbour.

Probably bought most of them at 17c in the Placement, then topped up with a few more on the market to achieve that average.

I bought in the Placement and got all I requested. I also have applied for the maximum in the Retail offer but obviously expect to be substantially scaled.

[winner (n)]

Harbour been buying PEB at an average of .20c

https://api.nzx.com/public/announcement/473443/attachment/469508/473443-469508.pdf

Smart people at Harbour.

Wonder what their average price is now?


Mind you they banked big profits when share price was about 130

[Pierre]

It will be interesting to see how the $6m Retail CR unfolds.
As at 8am Monday applications totalled $14m and probably reached $16-18m by last night.
The $18m Placement was oversubscribed by ~40% so it would be unfair to smaller holders if a similar uplift wasn't applied to the Retail offer before scaling.
PEB will end up with somewhere around $31-33m in the piggy bank following this CR. This should give them the opportunity to get moving rapidly as soon as the LCD is confirmed later this year.
Game on!