PET 0.00% 2.5¢ phoslock environmental technologies limited

Receivables, page-9

  1. 1,408 Posts.
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    Well said Mickman... These guys have treated us like mugs... Didn't take up the SPP due to a touch of the shorts at the time.
    However, anyway they want to" spin it " The Covid -19 excuse just gets trotted out. I don't buy it at all. On past form you are left to conclude that they, the Directors, knew about or ought to have known about the potential for this downward revision just before issuing the SPP shares to retail investors.
    This potential should have been disclosed / highlighted( in large print) to all so we could have made a informed decision.
    Understand nothing comes with a guarantee and you take your chances in this market... but these guys just don't fill me with confidence.
    Will be very sceptical about future announcements.
 
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