PET 0.00% 2.5¢ phoslock environmental technologies limited

The climb back., page-190

  1. 836 Posts.
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    380M pipeline...

    The stock was smashed around the ring when the directors sold off and I think it deserved to cop a beating. Not from $1.50 to 25c though; I thought it would sit somewhere between 90c and $1.20...

    Then the perfect storm hit... Covid, Floods and deteriorating Chinese relations. This saw the SP absolutely gutted.

    But... what has changed fundamentally since last year?!

    If the jobs restart as promised, if further jobs are locked in, if the US throws a bone what is going to happen?

    From what we know there is product ready to roll. This could just turn on a dime couldn't it?

    For me, the only thing that has really changed from this point last year is the SP so why can't this do a massive uturn as soon as those floodgates reopen.

 
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