PET 0.00% 2.5¢ phoslock environmental technologies limited

Ann: Market Update, page-28

  1. 1,488 Posts.
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    Yes I understand that, but receivables are increasing a lot, was only $9M receivables March 2020... Why?

    Receivables right now of $16M is 7 times last quarters cash generation... Some of these receivables would have to be greater than 6 months... Why?

    Would a SPP have been required if receivables were lower and cash higher?

    Do we think PET are confident on these receivables given they have done a SPP, and now lowered forecast... Too much smoke IMO...
 
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