PET 0.00% 24.5¢ phoslock environmental technologies limited

set to move higher

  1. 8,854 Posts.
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    Quarterly out to today. Only $970,000 in cash left but their is a big investment in inventory. Over $2 million in debtors and no debt. Big orders are starting to come through. It doesn't look like they will need another capital raising.

    At 20 cents the company is capitalised at $23 million. This is a groundfloor price. As the orders flow in the price will multiply. A lot of investors are set and a lot of big investors are trying to get set.
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