Australia's largest stock trading and investment forum Australia's #1 stock forum

PET

Click for more information

0.00%

2.5¢ phoslock environmental technologies limited

happy to hear that you are OK with this............I want to...

First 23 Last

Share
Profile

Follow
kingkev

27,498 Posts.

1300

23/07/20

06:24

Post #: 46035588
Share

Originally posted by redram: ↑

I find it very odd that people keep bringing up repatriation. As I posted quite some months ago, thousands of international companies many time bigger than us manufacture in China and sell their wares both in China and abroad. Do you really think that they continue to do this and not take money out of China?

We invented this rumour out of thin air and we keep on harping on about it and every time we mention it we convince ourselves that there must be some truth in it because everyone's talking about it. We must be really desperate to create the most negative spin possible to be making up bad news. Its all about contracts. You get the contracts you make the money. There's nothing else to see here

Expand

happy to hear that you are OK with this............I want to hear more from the company on this. All we know is once upon a time they stated there were no issues and later on stated that they would retain monies in China for the purposes of expansion. Is this still the case? or has there been any change?

I am sure we will find out one day but it never hurts to ask whatever niggles in the back of one's mind.

PET Price at posting: 28.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

ATH

Trial for Alterity's neurodegenerative drug ATH434 shows reduced disability

AI stocks: What to expect in 2024-25

NWC

New World Resources inks complete PFS for Antler Copper Project in Arizona, USA

LRL

Labyrinth shares rocket by 219% on news of Comet Vale and Vivien gold project acquisitions

CTT

Cettire shares jump on FY24 revenue growth up 80% vs pcp – but stock still badly bruised

There are more pages in this discussion • 46 more messages in this thread...

First 23 Last

Add PET (ASX) to my watchlist