PET 0.00% 2.5¢ phoslock environmental technologies limited

Ann: Strategic Sale of Shares, page-99

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 131 Posts.
    lightbulb Created with Sketch. 19
    Unfortunately the Sp has developed a bearish downward trend, it may fill up the previous gap. The shorters may argue, applying next financial year's estimated profit (based on 20000 ton capacity) the PE ratio is over 100, seems over valued. The directors selling does not help either, we will have short term pain until a major project can be awarded.
 
watchlist Created with Sketch. Add PET (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.