Classic lol
On similar lines, PET on ASX. Lots of contracts that looked juicy and watering. Had a strong bull phase and became a bagger. Then CEO starts cashing out and it turns out the deals were sour.. all based in China by the way.
Never again. Still have a small amount stuck in there as it was in a trading halt for years then unhalted for one year and now back in a trading halt. First time ever being down 99% on a stock. I keep it in my portfolio as a reminder of what can happen (and because I don't want to cash out an amount less than trading fees)
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