PET 0.00% 2.5¢ phoslock environmental technologies limited

somebody should say something, page-8

  1. 20 Posts.
    Lets not talk about previous employment history, no need to pump your own tyres this is a Stock Chatroom.

    So you are happy that a company that you own, are working so hard at running the company and developing the product and contracts but when they need more capital to continue trading they virtually give away their company by raising capital at their lowest ever levels. That is poor management, maybe on the back of poor advice.

    They have spent 10 years on developing the product, spend 1 month on a road show and develop a more diverse shareholding base to whom you can go to if/when you need to raise more cash.

    Dont dilute my shareholding by raising money at these levels. Why would you want your company to under sell itself, doesnt make business sense Dhukka.
 
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