PET 0.00% 2.5¢ phoslock environmental technologies limited

Ann: Update on Going Concern Status, page-35

  1. 1,473 Posts.
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    The more I think about it.

    How can you talk at length about opportunities, contract negotiations etc then in print imply there are 17 quarters of cash to fund the business and then in like 20 days say it's all over, we are dead, no chance, no sale, no one's interested.

    I know they made some cautious statements, but seriously, they let that 17 quarters comment go out there and the average investor is going to rely on that information.
    It is a disgrace and ASIC need to man up and look after the taxpayer who funds their operation.

    #feel like I'm channelling @kingkev

 
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