PET 0.00% 2.5¢ phoslock environmental technologies limited

Tough day, but logic says that this is way undervalued for what...

  1. 700 Posts.
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    Tough day, but logic says that this is way undervalued for what it is.

    Newing mentioned that it may hit as low as 1.02 possibly and he wasn't far off the mark at all. The great news was the recovery! People panicked and as usual those with money and clarity swooped in and bought up.

    It's hard to take emotion out of the market. I looked away as I was down heaps and as someone else mentioned, I was smiling at the end of the day.

    I believe we are way undervalued. Nothing has changed.

    Hopefully markets hold up and stabilise. I honestly feel that we should not be affected by what happens in the markets as we have an amazing product that is helping the World with deals in the works and lots of money coming in and in reserve.

    Good luck to everybody, both those that hold and those that sold.

    DYOR
 
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