Peptech (PTD): Unimpressive 1/2 yearly from PTD, $4.2m...

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Tuesday, 06/10/2003 10:01:51 AM

Tuesday, June 10, 2003 10:01:51 AM

Unimpressive 1/2 yearly from PTD, $4.2m loss.

I take it they use US dates here, so its a long time between drinks here. Thanks Bryce for bringing the site to my attention.

I suppose a loss of that size was expected, but I sure won't be rushing out to buy after those figures. On the positive side, the rapid amortisation policy is a bit like wiping the slate clean so that there are no shackles when the next good news is released.

Keep an eye on Namakwa NDC, cheap little diamond stock that's starting to move again.

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