PET 0.00% 2.5¢ phoslock environmental technologies limited

Buy order for 840000 odd shares placed just after 4pm was pulled...

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    Buy order for 840000 odd shares placed just after 4pm was pulled a few minutes later. Strange stuff again.

    For its first day as part of the ASX 300 it was an extremely underwhelming performance. Buy orders for about 6 million shares went unfilled on Friday and didn't return today. Got off to a good start but the sell orders came thick and fast and the price fell away. Not the sort of performance you'd expect from at company with the potential of PET. In contrast BUBs rose nearly 10%.


    Looks like nearly everyone knows the extent of work waiting: production being increased to 45K or even 60K tonnes per annum and a contract price of about AUD3500 per tonne.

    They had better come up with some definitive figures soon.

 
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