PET 0.00% 2.5¢ phoslock environmental technologies limited

Thank goodness Jefferies has provided a post quibbling about...

  1. 1,203 Posts.
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    Thank goodness Jefferies has provided a post quibbling about something other than the patent, but as daveg points out, the article he criticizes is hardly misleading. It is a very broad article about all sorts of water pollution in China that touches on surface and underground water, drinking and river water, chemical runoffs, overuse of fertilizers and pesticides. Phoslock is not mentioned at all, but it says that the Chinese government is planning to invest a lot of money addressing these areas, so they may benefit from those sort of initiatives.

    The photo is captioned in the article as follows

    "Swimming at an algae-covered beach in Qingdao, Shandong province. Algal blooms are often caused by pollution. Photo: Reuters

    Sounds pretty accurate to me and even agrees with Jefferies' big reveal that its a marine algae. Nothing misleading.
    Last edited by cortinaboy: 14/08/17
 
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