PET 0.00% 2.5¢ phoslock environmental technologies limited

They also seem to have backed away from the cashflow positive...

  1. 563 Posts.
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    They also seem to have backed away from the cashflow positive statement. Given the 12 month forecast for sales to the end of August 2011 it would appear that FY11 will probably be another loss making year for PHK if they come in at the bottom half of the forecast range. Looks like no need to rush in here and take a position.
 
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