PET 0.00% 2.5¢ phoslock environmental technologies limited

Revised Valuation, page-5

  1. 997 Posts.
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    Have held this share for almost ever and think that it has probably more potential than any other share on the ASX. Most proud of my tip to hot copper about 4 years ago that this might be the perfect time to buy (after another poor report), available the next day at about 2c.
    18 months ago my target was 50c by 30 June 2019 based on sales and profits. The actually price ended up at about double that at $1. I thought that was a bit high due to potential but a bit light on actuals. As a result I was extremely happy to sell more than half at $1.46. Still holding the balance until about $5 or $10 a share, maybe forever. Will look to buy more again when the share price settles.
    Unless something drastic happens it seems like the share with the most potential. If governments want to fix the problem this is where they need to go, unfortunately dealing with governements can be frustrating as they are slow and often take a cheaper route that does not work. Happy to sit tight.
    My target price for the end of 2020 is $1.50.
    Go you good thing!


 
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