PET 0.00% 2.5¢ phoslock environmental technologies limited

Phoslock going forward, page-2

  1. 2,770 Posts.
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    There was a lot to like about the webinar.

    They recognised that the revenue numbers of $1.3m were lighter than expected but explained that they are a backend heavy company and with the $4m Denmark announced today it shows that. Also having $60% of the forecast under contract plus todays announcement is very heartening.

    There was a cautious optimism that the coy had turned the corner with the ASX requirements to relist. No time frame but determination to fulfill the ASX requirements.

    The new Chair and 3 board members, plus a new MD in China will add a breathe of fresh air. Also a new sales person in UK.

    Well worth watching.
 
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