PET 0.00% 2.5¢ phoslock environmental technologies limited

Excellent post Scott (or Ratbag).. The margins give them cushion...

  1. 72 Posts.
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    Excellent post Scott (or Ratbag).. The margins give them cushion for negotiation, which is a strong plus consideration when factoring in that Alum and associated products are cheaper.

    I thought they said 60 staff members for the company, maybe mistaken.

    As long as growth heads in right direction I’m happy. The last result all things considered was fine by me, but obviously the market enjoys getting what is specifically promised, therefore another reason for share price to slide, imo disproportionately.

    I made the mistake of falling in love with this stock, selling out of ones I would have made a bit from (safer ones, during the bull run)but I’m sticking with this no matter what.

    I believe whilst there is no commentary all is well, not vice versa, and today shows that. I won’t however get too cosy with today’s share price, but think 12 months from now may be a lot better... but that’s just my amateur opinion..


 
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