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0.00% 2.5¢ phoslock environmental technologies limited

I've got my head around $20m and a big hole in forward revenue...

  1. McQuade
    1,356 Posts.
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    23/09/20
    19:16
    Post #: 47577962
    I've got my head around $20m and a big hole in forward revenue in China based on historical revenue being fabricated.
    That is pure guess work but based on the massive revenue drop once new management appeared. I'm guessing 2019 and maybe even 2018 was fabricated to a degree as evidenced by the cashflow always being miles behind revenue.
    PET Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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