PET 0.00% 2.5¢ phoslock environmental technologies limited

Ann: Response to ASX Query, page-8

  1. 837 Posts.
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    It is a tough one. Management has clearly gone begging since the days of spruiking every second bloody day by LF... he appears to have gotten a nice pay day and has now left to sit in the corner.

    I guess what happens from here is anyone's guess but one thing for certain is the price is now very cheap and somebody has been accumulating; some serious volume has changed hands.

    Somebody is seeing some value here so maybe at these prices its a strong case for a buy in? Sure, if you bought in above $1 you would be absolutely livid and rightly so. But at 30c and if delays are the only issue then this will inevitably have to push well back towards the $1 mark when the tides turn?

    For me it is incredible value.

    Last edited by Mickman: 25/06/20
 
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