Australia's largest stock trading and investment forum Australia's #1 stock forum

PET

Click for more information

0.00%

2.5¢ phoslock environmental technologies limited

So, after all you've been through with this stock...you still...

First 186 Last

Share
Profile

Follow
Rubiconis

1,068 Posts.

293

21/09/20

04:50

Post #: 47489623
Share

Originally posted by PrivateRob: ↑

good mate. See my other posts. Depending on what the audit reveals, if I think the market overreacts, I’ll be putting more in.
Got to change plans as the situation changes.
sorry for those who lost. I learned the hard way. I’ve had a 100-bagger in the past go bust and management told me all was fine and they working hard to the end, so it’s always a risk.
But I took profits with PET. would have held had it been a slower climb and still think the future could be fine. Could - that’s the stock market money-making or -breaking bit! It’s a gamble and only invest what you can afford to lose. Wishing you good luck.

Expand

So, after all you've been through with this stock...you still believe fundamentally in the product? Why? If the product is so amazing, then I ask you the following as well:

1. Where is the sales growth?
2. Why did management sell out?
3. Why did management stop spruiking the stock, after selling out at the highs.
4. Why did management not buy back in at the lows, 19c???

Still think it's an amazing product? I'm starting to think lately that maybe...just maybe...govts and society at large actually really don't give a damn about algea, or more generally phos in waterways...could that be the real issue here?

PET Price at posting: 24.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

2 Great analysis

Reply

There are more pages in this discussion • 162 more messages in this thread...

First 186 Last

Add PET (ASX) to my watchlist