PET 0.00% 2.5¢ phoslock environmental technologies limited

This is going to be a bad announcement. It's in a trading halt...

  1. 47 Posts.
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    This is going to be a bad announcement. It's in a trading halt due to ongoing concerns regarding Audit and compliance - and having regard to PET previous trading halts this doesn't bode well. This is a poorly managed company. The shady practise of announcing the earnings downgrade POST Cap raising, directors realising their interests in highly unorthodox ways and now this, doesn't matter about the product when investors have to wade through knee deep misconduct constantly.
 
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