PET 0.00% 2.5¢ phoslock environmental technologies limited

executive placement

  1. 522 Posts.
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    It is more than encouraging to see that an executive has been allocated
    500,000 shares at a cost of .08 as per the 3b announcement.

    There is no doubt the confidence the management have in this business from the Chairman and thru the ranks, management hold and in fact continue to increase their already substantial holdings.

    A good clear sign to me my investment is in a good space, although not as yet fully appreciated by the market. It has been a frustratingly slow process (no less for the management of the company i am sure) given the general caution with regards to treatment of water bodies by authorities.

    I think the recent gold standard of approval for drinking water obtained in the USA and the recently announced treatment of the landmark Royal Parks lakes are all very important watershed events (excuse the pun)

    as always DYOR

 
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