PET 0.00% 2.5¢ phoslock environmental technologies limited

PET Chart, page-85

  1. 192 Posts.
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    What I'd like to know is what a lending deal looks like between the two parties. For the lender the terms would have to be good as why would you lend shares to be sold by a shorter. Unless you are planning to manipulate the market so you too can buy some more shares at a lower price. This would have to be market manipulation and would have to come under the scrutiny of the ASX. If not then the ASX is the wild west. Overall, unless you are a short term investor, longer term investors see the current share price as a buying/topping up opportunity. I'm personally going to increase my holding in the next couple around 1$ if I can. There seems to be solid support around this level...IMO.
 
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