Concerns over non executive board members selling off over last few months , both have tenure of less then 1 year - discuss?
I like this company and the revenue growth of late is extremely promising , they seem to be debt free and breifly became profitable (see attached)
Dip to 96 c today.. Bought in.
This company seems too good to be true. Solving a environmental issue which can be applied in a wide range of regions..
Damo, interesting notes/comments with respect to your valuation and I also wondered earlier today if a cap raise was imminent.
I'm curious, however, about your comments as to PET potentially entering into a contract for a second similar lake. If production would need to be increased in the manner and for the reasons you set out, with increased costs resulting in substantially lower margins and FY20 revenue per your comments ,and leading to your substantially lower valuation, then what is the impetus for PET to accept a second contract without a better, less costly solution for increasing production? In your view, would it be to maintain momentum, reputation and any relationship as a preferred or at least desired service provider?