PET 0.00% 2.5¢ phoslock environmental technologies limited

Ann: PET Directors satisfy significant institutional demand, page-78

  1. 540 Posts.
    lightbulb Created with Sketch. 68
    The close on this bullish
    then we have DOW up 370 basis points overnight
    outlook and future for PET is still very bright
    I dont fault the directors selling down
    they sold down after holding for over a decade to get institutions on board and still major shareholders
    https://www.asx.com.au/asxpdf/20190902/pdf/44843bqmj4n9pl.pdf
    They were approached sold some equity to get new blood
    Went from 31% to 26% its really a no issue
    Good on them and they deserve the profit
 
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