PBI premier bionics limited

pbi down on small volume, page-3

  1. 19,874 Posts.
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    vendor,

    they had a whole lot of 10000 bids lined up yesterday. now all gone ... cabe one bidder at .18. the only other one at 25000 at .25 and another 20000 just popped up at 24 ... all small fry. unless they were expecting someone to drop a lump at .25 which they could then snap up .... certainly SLT had a very similar fall from grace in the days after their placement a few months back - then came roaring back with a deal on Hep E ....

    Look I'm not sure the way this has played out. I'm no day to day trading expert .... I know the medium-long term is going to be fine because the technology is so good and marketable .... it's just frustrating watching it fall so far on so little selling given all the hard work has now been done ... $$ in the bank, deals on the way, cochlear's man on the board. Still, I guess the fact that it is tightly held speaks volumes for how far it is going to run when those (always welcome) ducks are lined up.

    Incidentally, its been very hard to get hold of anyone from the company lately ... they are working hard.
    Hopefully cabe's dream about us trials comes to fruition soon, they have set themselves by June to get a deal on airway clear and medicvision still has a few irons in the fire that may surprise.

    any other PBI holders have a view or heard anything?
 
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