PET 0.00% 2.5¢ phoslock environmental technologies limited

HI all Bhalu no cap raising, we had one last year. Page 4 of the...

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    HI all
    Bhalu no cap raising, we had one last year. Page 4 of the report, the company has significant enough financial resources to expand the business or add bolt on businesses. They have cash in the bank, money flowing in and could see about $7m coming in later from options. If anything the company will be looking to return funds to shareholders, maybe dividend but most likely in the form of a capital return

    Look farward to seeing the sky new segment

    Sounds as if newing will be doing a update report as well this week

    Lots happing over the next couple of months, can Phk do a a2m ? No reason why not. It's been a long journey but really the journey is just beginning, we are only currently dealing with a micro fraction of the work required plenty of scope to increase the business 10 fold. I will make sure I'm holding enough shares to benefit

    Thanks
    Mickem
 
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