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1.19%

8.3¢ pacific edge limited ordinary shares

Hi few pennies. How sure are you they will get LCD, is it just a...

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healthyinvestor

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13/12/19

18:21

Post #: 41961556
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Originally posted by Few Pennies ↑

rp60
sorry for not replying earlier, I missed seeing your post (my bad)
well we have just had that cash raise that you were talking of.
I did participate and also have purchased a few more on market ( I needed to average down ) so now my average is about 21.7 cents, but I expect the market cap could go from currant $71m back up to $400 m ( where it was in 2014) hopefully within the next 12 months, (or a share price of around 71 cents per share)
Once the company gets the LCD they can bill medicare for around $12m for tests done in the past, ( so I expect this is the last cash raise).
Test volumes and payments should then ramp up very quickly.
best regards from
fp

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Hi few pennies. How sure are you they will get LCD, is it just a matter of time?

Price at posting: 13.0¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 8.3¢		Change -0.001(1.19%)		Mkt cap ! n/a

Open	High	Low	Value	Volume
8.3¢	8.3¢	8.2¢	$8.434K	102.2K

Buyers (Bids)

No.	Vol.	Price($)
0	134777	8.2¢

Sellers (Offers)

Price($)	Vol.	No.
8.3¢	14395	0

Last trade - 07.05am 26/04/2024 (20 minute delay)

PEB (NZSX) Chart