Phoslock Environmental Technologies Limited

ASX:PET

Phoslock Environmental Technologies Limited

ASX:PET
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$0.025 (+13.6%)
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1
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13
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Jimmy
Company Report
Last edited 5 years ago
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#Bull Case
stale
Jimmy
Added 5 years ago
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Record Cash Flow from Operations

FY19 first half: Record $10.7m Operating Net Cash Flow.

Record $18.6m Customer Receipts.

Cash at Bank of $18.0m.

Debt Free.

PET is producing growing cash flows globally with net cash and no debt combined with expectation of strong sales and profits in the second half of the year and beyond provided confidence.