PET 0.00% 2.5¢ phoslock environmental technologies limited

Revised Valuation, page-19

  1. 1,802 Posts.
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    Finally after watching PET from 40c and go all the way up and now back down, I’m finally on the register. The valuation is high but profit growth has a higher level of certainty, a very long runway and upside, which makes this a great long term hold. One big bug bear was the governance of the company but they’re making improvements. I’m not sure if this is the bottom. The charts are still very negative but I’ve kept some powder dry to buy if it goes to the 60s. GLTAH
 
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