I think this is why the SP has been struggling.
The market already has most of the down side priced in, that's the way I see it.
When you look at the SP, it has't moved from where it was towards the end of May last year.
Since then the company has moved forward in leaps and bounds. Initially we had a steep rise in the share price, then some shenanigans
which have not been helpful to regular share holders.
Now COVID 19 interruptions, so a reduction in revenue considering the impact it has had around the world is hardly a surprise.
I think it would have been a miracle, for this not to have happened under the circumstances. If the share price was sitting at
around $1.00, then the impact could be significant. The share price sitting at 0.455, what has really changed to Pholock's value?
I know how much it hurts to have great expectation slowed down, but have some more faith, this is just really bad luck. Polluted waterways and Algal Blooms are not going away any time soon.
- Forums
- ASX - By Stock
- PET
- Ann: Trading Halt
Ann: Trading Halt, page-32
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PET (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.60M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
PET (ASX) Chart |
Day chart unavailable