PET 0.00% 2.5¢ phoslock environmental technologies limited

Ann: Trading Halt, page-7

  1. 280 Posts.
    lightbulb Created with Sketch. 35
    I have been a holder since February 2015 and am fairly happy with the green on my page.
    I also don't mind insto's getting in and holding, it can stabilise a growing company,
    However, all too often I see insto's and sophs get a nice discount and surprise surprise they start selling for a quick profit almost instantly.
    Guess we will see the SP plateau for quite some time.
    I wonder if the recent announcement re future projected income wasn't to try and bump the SP up a bit to make the discounted placement a little sweeter pill for us to swallow.

    I quiver with anticipation
    Regards
    clooch
 
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