PET 0.00% 2.5¢ phoslock environmental technologies limited

Weeeeeell for all the humpy pumpy in the various threads....and...

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    Weeeeeell for all the humpy pumpy in the various threads....and as for the "with all due respect rubbish pre-the dis this, dis that, this is a great business with lots of opportunity and revenue and experienced management blah blah ...and yet the quarterly paints a rather different and somewhat bleak (including kicking the can down the road a bit further with some future hope stated) picture and even this is absent of the pending issues of past with previous officeholders still outstanding.

    Reality values the share price at sub 2.4 cents with some market pumping it manages to hold mid-late 3 cents. Market capitalisation is way too high for a company with a negative cash flow and only just shy of $14.5m in cash and a large chunk of outstanding legal matters outstanding noting there is alwas D&O to reduce their exposure if applicable.

    God bless the hopers and dreamers.
 
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