PET 0.00% 2.5¢ phoslock environmental technologies limited

News: PET Phoslock Environmental Technologies Raised $12 Million At 50 Cents Per Share, page-53

  1. 192 Posts.
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    So the ratio of the hand out (aka CR) is 12:3:5, but from Wall ST analysis of holdings it appears to be in the ratio of 3:5:12. My money doesn't appear as good as Institutions, but I've got to go open market to get my share of this company. (which I have from 120 cents down to 32 cents based on news from this company and quality posters on this thread). Institutions, for reasons that are good and bad, get a handout from my company so they can represent a bigger part the the registry, at what must be assumed to be a great entry/top up price. We have a company that's very profitable and apparently, have a shite load of work on the way, by their innuendo of words. Seems like we have a very sellable company right now considering the shite storm of covid now and into the future. Our company looks to be in a very strong position so why are we giving it away cheaply to institutions. If we are as good as we have been implied to be, then let them go to the market to get their share. As we know this will put a rocket under the share price...yes??? On another matter, is there an escrow for these institutions, as the last time, which is still raw with me, contributed to the shares going from 140 to 80 cents, before the covid shite storm. Just saying. Anyone else with me on this??
    Ps I had to pay 54 cents yesterday for a sizable parcel by my standard at a premium of 8% to the offering. Imagine if an insto had to do the same....booom!!
 
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