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2.5¢ phoslock environmental technologies limited

Ann: Suspension from Official Quotation, page-31

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The Whale1

2,756 Posts.

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21/09/20

13:56

Post #: 47504696
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Originally posted by Scott th Ratbag: ↑

It looks very clear now that all your suspicions were rightly placed Kev..... details are necessary as we might now learn just what dynamics have been at play in the administration of PET.

It'll be especially interesting to see if LF and ZZ were involved in any way. but it does look, from the Ann., that it may be a case of embezzlement in the accounts department.

Given ASX's penchant for suspending and investigation com.s over long periods, this may not be resolved quickly. best to sit back and wait, read and enjoy the break from worrying about the SP for a while and expect a negative result.

GLTAHs, scott.

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The only hope for the SP is that maybe some good news in terms of projects and work recommencment can also be announced

PET Price at posting: 24.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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