Forum Archive Index - October 2001

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Re: Re: [sharechat] Genesis ( NZSE.GEN ) or Peptech ( AX. PTD )

From:	"G Stolwyk" <stolwyk@wave.co.nz>
Date:	Wed, 3 Oct 2001 12:50:24 +1200

Correction.

My post of 29 Sept., 2001, 00.44 hrs, refers.

An Ozestock trader queried the following statement:

" Retained earnings: $A 65 mill."

I have looked into that and this needs to be amended to:

" On 1 April, PTD had $ A 35 mill. cash and a sum of $ A 6 mill. ( before tax ) was later obtained from the sale of a surplus property ".

Please accept my apology for the after midnight blunder!

There is a consensus of opinion, that any granting of an important TNF Patent could result in a significant price rise.

Equally, if PTD were not granted this Patent, then a severe price correction could occur.

Current price $ 2.65 - $ 2.68.

Gerry

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