PET 0.00% 2.5¢ phoslock environmental technologies limited

What annoys me is every time they note the losses they follow it...

  1. 234 Posts.
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    What annoys me is every time they note the losses they follow it up with "the company has cash and cash equivalent of 30.5M". That is the money we put in not what management earnt operating the business. Management's input has been the 20M loss, the capital position is because of the hard work and investment by share holders not because of management performance.
 
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