PET 0.00% 2.5¢ phoslock environmental technologies limited

News: PHK Phoslock Water Solutions seeks trading halt, page-13

  1. 3,566 Posts.
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    most capital raising are for working capital. i dont have any problem with it. but what i do have a problem with is the price it has been raised. for example as a share holder i like it to be raised around 25 to 30 cents. 100 million in contract would definitely push the price to these levels or even higher. what doesnt make sense is why they are raising at these levels IF they really have 10 or 11 major projects in pipe line
 
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