PET 0.00% 2.5¢ phoslock environmental technologies limited

Less than a week ago the company announced:Guidance for 2019 at...

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    Less than a week ago the company announced:
    • Guidance for 2019 at $27-30 million
    • Expected sales of $15 million for Q4 2019
    • Planned doubling of capacity at cost of $6 million

    I'm not sure what those begging for an announcement expect the company to add to that. The price is crashing because a) some folks doubt the numbers and are selling, b) some folks are losing their nerve and selling, and c) shorters are capitalising on the dip in sentiment, as they will do whenever the opportunity arises.
 
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