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21:04
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Originally posted by redram:
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Well, there you go. Nothing new. certainly no new negatives. The only new stuff is positives, ie. India, Europe, SE Asia, USA. Payment terms are crap but we already knew that. In fact it is a positive. As per my previous post, a large swathe of the market were starting to write PET off as a non going concern. This announcement clearly paints a different picture. Crap payment terms may be hard to swallow and unacceptable company management, but they are infinitely better than non payment.
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Well said. Agree with everything you said. If the share price does drop tomorrow I am certainly going to be topping up. There will be a rich reward for those PET holders who can stay patient here. The fundamentals are in place for this to explode when the external environment allows (hopefully early next year!)
(20min delay)