Let's hope that recent events have not been choreographed - 'unexpected' CR prior to AGM (wherein was repeated the boast that the company remains debt free) followed by a TH for a 'downgrading' announcement.
If so, that timeline of possibly sequenced events could be as negative in appearance as the content of any negative announcement.
BTW, I am not predisposed to conspiracy theories - eg I do not hold to the 'Plandemic' theory of a choreographed international economic shit-down!
Yet, my observations of certain events re PET over the past 12 months have become unsettling.
However, let's hope this is instead such a material upgrade (eg massive contract win) that it going to take a day or so to calculate the quantum of the positive impact "to PET's earnings guidance". Let's hope the 'update' is indeed an 'upgrade'.
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