PET 0.00% 2.5¢ phoslock environmental technologies limited

Ann: Business Update, page-188

  1. 1,399 Posts.
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    They received $10m in Q1, $8.6m in Q2, now $4.65 in Q3.
    It’s not up to you or I to guess why. The company needs to fully disclose what is going on.
    There may well be very good reasons, but with due respect, I’d like to hear them from the CEO, not you.
    If the plant was producing 12,000tpa that equates to $9m per quarter and I know there are terms etc but this quarter is no where near that.
    The lack of clarity is causing distrust. It’s obvious why the stock is tanking.

 
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