PET 0.00% 2.5¢ phoslock environmental technologies limited

Ann: Preliminary $50-70m Sales Forecast FY2020, page-108

  1. 425 Posts.
    lightbulb Created with Sketch. 454
    One thing I didn't mention with all those figures.

    All of those previous drops were when we made no money and did not know how long it would be until we did.

    The current fall is much more surprising and harder to explain. We basically broke even last year, exploded in growth this year (don't know quite what planet those that say we sell no product are on), and expect to double again next year. Personally I think that the sales forecast for next year will grow pretty drastically. Its very early days yet and there are literally dozens of projects that, alone, could come through and blow the current estimate out of the ball park.
 
watchlist Created with Sketch. Add PET (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.