PET 0.00% 2.5¢ phoslock environmental technologies limited

Ann: Trading Halt, page-35

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  1. 5,492 Posts.
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    Auditors only look at the historical information ... last time i checked, the market is not pricing PET based on historical information.. it’s forward looking.

    Only caveat would be if the auditors told us they couldn’t find the cash sitting on the balance sheet, or they had short term debt due within 12 months that they couldn’t repay.. outside of that, adjust what ever revenue or expense you want... won’t impact the future of PET.
 
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