PET 0.00% 2.5¢ phoslock environmental technologies limited

News: PHK Phoslock Water Solutions seeks trading halt, page-3

  1. 425 Posts.
    lightbulb Created with Sketch. 454
    Anyone else sick of having their holdings diluted. I thought that, with the bigger contracts coming and a better cashflow/debt situation, we might have finally seen the end of stock issues. I have been invested in this company from the start and have increased my investment substantially over the years all to see the value of my holdings watered down. I doubt that my continuing purchases of PHK have done anything but maintain my percentage shareholding, thus my percentage of future (hopefully) profits. Very expensive treading of water. I understand the need for cash but, as I said, I was hoping that the sales pipeline would finally take over from these capital raisings. I am still positive on the stock but this never ending capital raising is very costly to me and very trying on my patience.
 
watchlist Created with Sketch. Add PET (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.