PET 0.00% 2.5¢ phoslock environmental technologies limited

Ann: Market Update, page-9

  1. 582 Posts.
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    So Zhigang was the dodgy guy all along. Looking more and more like the inventory discrepancy was one part of the puzzle.

    Falsification of invoices i assume is ZZ paying himself and his mates with cash for nothing, hence why low inventory build, but high spend last half.

    EVS dodging a bullet before ZZ siphoned their cash too.

    Hopefully the low build was the loss here, and we'll recover it from the two accused directors.
 
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