On a positive note (positive posters only pls)

Okay, so it’s been a day horribilis for many, but a lot of the fearful chatter on here is likely to not eventuate. So much is just worst case and fear talk.

Here’s the alternate positive reality:

1. There actually are flooding issues;
2. There actually were Covid issues;
3. Management were hoping for sales and receivables to come in right to the end, so they have communicated / reported correctly;
4. International is growing and our reliance on China is reducing as a result;
5. The pipeline for China is not a lie - it actually is still there and starts to go ahead again;
6. BOD make big purchases (once this big drop has settled so it doesn’t appear that they have taken too much advantage of it) (damned if they do, damned if they don’t, am I right?);
7. Regular telephone catchups keep everyone informed of progress so trust is regained;
8. Following these larger BOD purchases @23-25c the price shoots back through 30c;
9. After a couple of big deals in the USA, plus one in China going ahead again, price clears 40c;
9. Those who bailed post plenty of negative rants on HC;
10. Those who held start smiling again;
11. Those who bought at these prices keep smiling.
12. And the Insto’s in at the 50c CR, well, they always knew it would come back and so they never worried about these short term market shenanigans.

Sorry that it’s been a disaster for many, but for those of us who are just in, we are lucky and we can be positive about PET. No point in scaring new investors off who could be part of the solution for you, helping you to get your money back!

Rob
DYOR