PLT 0.00% 7.1¢ polartechnics limited

Polartechnics

  1. 2,218 Posts.
    Continuing to recover from its lows of 10 days ago. PLT is in the main lightly traded, so moves up or down can be happen fairly easily at the moment given mkt volatility. PLT's decision to go it alone in Europe (see announcement of last April) increases marketing risk (hence recruitment of COH CEO to the PLT board), but obviously upside is magnified also. Key issue over next six-twelve months will be number of Tru-Scan machines sold in Italy, although I expect will get an announcement of progress in this regard in a few weeks at the AGM. Positive news may see the stock closer to 2.50. One to watch perhaps.

    Angus

    I hold PLT
 
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