Hi uktion.
My expectation is that it would at least jump pretty rapidly back to what it was before the Medicare coverage was removed (i.e. NZ$0.50). I first bought PEB a bit after they originally got the good news with Kaiser Permanente at NZ$0.79 and it climbed to a peak of NZ$1.50, so my guess is there is a good chance they might rocket & go beyond NZ$0.50 if reinstated by Medicare.
After reading the submissions, etc. to Medicare on behalf of PEB I also think they have a very good chance of being reinstated, as evidenced also by ANZ Investments buying $61,618,927 of PEB shares in the last approx. 2 months.
It's a risk, but one with a good chance of success in my opinion.
Hi uktion.My expectation is that it would at least jump pretty...
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12.0¢ |
Change
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Mkt cap ! $97.42M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 12.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 4296 | 1 |
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