Looking back you did well. I am sure that I’m not alone in being shocked up the tumble for PET. Fundamentally everything I see at a company level is sound and yet it keeps taking another leg lower. In the end I chose to take the loss and cashed in around the 50’s soon after the AGM when I gave management one last chance to present something positive.
For holders of PET, I still see real value in the company at these levels. The company has amazing opportunities to re-rate given the right contract announcements. But for me, I have some other companies which had more immediate upside that could not wait.
I wish all holders well and hope to see PET back up to the value it deserves soon.
Last edited by PGFin:
Edit Note - no longer a holder of PET and sentiment is Hold.03/07/20
PET Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
(20min delay)