Maybe an announcement is on the way telling us the Shilongba Reservoir demonstration project was successful and that we are moving to a full scale rectification program on Lake Dianchi. But if that is the case surely management would have had a sniff of that in advance and raised the 2020 sales figure from $50m to $70m to something much higher but they didn't.
Well I believe that there is NO benefit at all in raising 2020 target. reaffirm after reaffirm 50-70 mill is good enough. Now in saying that, you could be spot on and Management already know the answer to Shilongba but far better when ann is made regarding targets is to show targets HIT at upper end or beyond...........this will vindicate them from not hitting earlier targets in 2019 and too much talk. There has to be a way to get back lost faith and this is one way of doing it
AIMHO of course
- Forums
- ASX - By Stock
- PET
- The Bull Recommendation
The Bull Recommendation, page-74
Featured News
Add PET (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.60M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
PET (ASX) Chart |
Day chart unavailable