Australia's largest stock trading and investment forum Australia's #1 stock forum

PEB

Click for more information

0.00%

10.2¢ pacific edge limited ordinary shares

Ann: Pacific Edge Reports Continued Growth in FY19, page-4

First 4 Last

Share
Profile

Follow
jellyroll

941 Posts.

302

26/08/19

16:32

Post #: 40156959
Share

Originally posted by Few Pennies: ↑

Jellyroll
I expect PEB will be getting even closer now to getting that final milestone for the LCD and the company recently reported;

"Progress being made with the third andfinal milestone, to have Cxbladder includedin a Local Coverage Determination (LCD),which will allow for reimbursement byCMS."

once that occurs a massive upward valuation of the company will occur along with a rapid upward sales trajectory.
Whats more an announcement confirming the LCD has been signed off could occur at anytime, these LCD's usually take a total of 4 -5 years and the company has stated in their 2020 objectives that for the USA market:: Successfully achieve the third and final USA reimbursement milestone to gain inclusion in the LCD"
I suspect that indeed this will be achieved and in fact could well could occur at anytime soon.

fp

Expand

Few Pennies,

Here is hoping! We have all been pretty patient with this one but the silver lining is that with an occasional nibble I have my average down to something not a million miles from where we sit today. When the LCD comes the upside on the share price and the revenue increases should be very significant. I am on board for "anytime soon".

Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 12 more messages in this thread...

First 4 Last

Add PEB (NZSX) to my watchlist

(20min delay)
Last 10.2¢		Change 0.000(0.00%)		Mkt cap ! n/a

Open	High	Low	Value	Volume
10.0¢	10.2¢	9.9¢	$14.06K	140.1K

Buyers (Bids)

No.	Vol.	Price($)
0	218537	9.9¢

Sellers (Offers)

Price($)	Vol.	No.
10.2¢	15818	0

Last trade - 06.16am 04/06/2024 (20 minute delay)

PEB (NZSX) Chart