PET 0.00% 2.5¢ phoslock environmental technologies limited

New newing report is out, page-58

  1. 839 Posts.
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    The Chinese directors bought into this company for absolutely peanuts, they sold out a heap at higher prices and are now pretty much free carried. The only people who have done well are the directors... Sure they worked hard but really by selling their big chunks they have well and truly been paid for their efforts.

    The only people who have done well so far are the directors who are sitting quite happy with their millions. I'm just not convinced that it is fair that they cashed out at 1.36 on and off market while the SP has tanked. Since the sell off it has tanked over 30%...
 
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