Looks like I picked this like a dirty nose.What an absolute...

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Mickman

837 Posts.

371

30/07/20

22:52

Post #: 46199353
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Originally posted by Mickman: ↑

Wow... things just seem to be going from bad to worse with good old PET.

I remember early on in the climb, we had the MD and Freedman continually spruiking and informing the market but now it is crickets. There has been crickets pretty much since the director sell down in which they all made some very good money.

What is happening now though!? Is there any effort to boost the SP back to where it needs to be. What is happening with the Dianchi trial, what is happening in Florida and greater America, what is happening with Zeep, what is happening with the workers that ZZ lent to PET and what are they doing now?, what is happening in greater China? What is happening with the CR funds or is that now just dwindling working capital?

Is this all going to be kept hush until the SP slides away to nothing or will there be some sort of an effort? It is surely getting close to crunch time.

I'm worried now that the quarterly will come in and it will be another report of bugger all earnings and then suddenly 20 or 30 million needs to be made in 6 months just to meet the massively reduced guidance... and even then will it be paid in time to reach the books!?

I hope I'm wrong but i just feel that now is a very crucial and important time.

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Looks like I picked this like a dirty nose.

What an absolute disgrace of a board. 50c cap raise for what!? A 1.2m half yearly revenue. How can they possibly justify this.

I feel sick for getting sucked into the BS.

PET Price at posting: 27.0¢ Sentiment: Hold Disclosure: Held
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