PET 0.00% 2.5¢ phoslock environmental technologies limited

LiveWire YouTube Link, page-85

  1. 3,387 Posts.
    lightbulb Created with Sketch. 4561

    "If you’re not willing to put in some effort to develop a reasonable knowledge of the business, then dont expect anyone here to consider your opinion to be worth anything"

    "It seems you are not willing to consider the future, but quite willing to push your opinion onto others here multiple times.Others here have a much better understanding of the business and there are extensive reports available, by newing for example".

    --------


    Don't say that we (@Adm1 and I) didn't warn you.

    I think current fair value is about a market cap of about $260-300 million. I.e. a share price of about 50 cents.

    That would be a 4x revenue multiple on the upper end of the FY20 sales forecast.

    I think the share price slide for PET might bottom out around 50-60 cents.

    There was an extraordinary amount of hot air in the PET balloon at a share price north of $1.25




 
watchlist Created with Sketch. Add PET (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.