PET 0.00% 2.5¢ phoslock environmental technologies limited

LOL - all the non-holders saying this will drift lower etc ......

  1. 17,507 Posts.
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    LOL - all the non-holders saying this will drift lower etc ...

    Reality is the funds management community DO NOT OWN this stock in any great quantities IMO. It is now capped at over 600m & one of the best performing small caps (now a mid-cap) on the ASX. So in the chase for performance, they're all going to want a piece IMO

    Look at the 1.5m Cross Trade at 10:25:15 today on Chi-X - IMO this is a fund getting a starter positon!

    The potential revenue numbers this year & beyond are mind-boggling when compared to the mkt cap.

    IMO this is only the beginning - as funny as that sounds given its recent performance.
 
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