PET 0.00% 2.5¢ phoslock environmental technologies limited

ZZL also just started another venture with EVS, so if things...

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  1. 93 Posts.
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    ZZL also just started another venture with EVS, so if things turn sour at PET, it will definitely hurt the future of EVS.

    It's ALMOST certain that the company will sign new contracts in the near future, but I feel there will be mounting pressure and expectation for the company to deliver big contract win like Xingyun lake on a regular basis. Although the company has been trying to develop get reoccurring revenue like the maintenance contract and new product, it might take years to get to a significant amount. On another note, the Chinese probably think PET is a good takeover target down the track.

 
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