PET 0.00% 2.5¢ phoslock environmental technologies limited

Ann: Sales Update, page-3

  1. 3,622 Posts.
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    Hi,
    Was rereading today's announcement again and noted in para 2 on page 2 that they have an office now also at chingxing - this is the county in zhejiang province where the job for factory manager/ supervisor has been advertised (not announced by company as yet). The job ad says they are building a new factory - where the money to build factory coming from?

    Is today's announcement a pre cursor to capital raising?
 
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