Forum Archive Index - October 2001

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

[sharechat] Peptech ( AX. PTD ) - Progress

From:	"G Stolwyk" <stolwyk@wave.co.nz>
Date:	Sat, 20 Oct 2001 20:10:57 +1300

Holders of PTD,

My post of 29 Sept. 2001: " Genesis ( NZSE.GEN ) or Peptech ( AX.PTD )", refers. Towards the end of that report, one reads: " Retained profits :$A 65 mill." Please amend "65" to "41".

Please read the ' Disclaimer ' at the end of that post before proceeding.

The price of PTD was $ A 2.30 on 29 Sept. As a consequence of some heavy-weights joining the Board ( The ex CEO of Faulding, which has been taken over, now becomes the Chairman), the price rose 24 cents to $A 3.14 yesterday.

There was a pent-up demand for stock and the Board appointments served as a catalyst to the price rise. It is quite possible that this demand was not satisfied on Friday.

I believe that the outcome of the Patent is close. The granting of the US patent will be important to PTD and I believe that the share price will then substantially rise.

On the other hand, if the patent is not granted, then a correction to the share price will take place.

Gerry

Holds PTD

Messages by Date [	Next by Date:	[sharechat] Bring back the bull market............... Peter
	Previous by Date:	[sharechat] Fundamental and Technical Analysis DR ]
Messages by Thread [	Next by Thread:	[sharechat] Fundamental and Technical Analysis DR
	Previous by Thread:	Re: Re: [sharechat] Bring back the bull market............... G Stolwyk ]
Post to the Forum [	New message	Reply to this message ]