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Phoslock Environmental Technologies Limited ( (AU:PET) ) has shared an update.
Phoslock Environmental Technologies Limited announced the successful results of its Annual General Meeting, where all resolutions, including the adoption of the Remuneration Report and the re-election of Mr. Fred Bart as Director, were passed by a significant majority. This outcome reflects strong shareholder support and is likely to positively impact the company’s governance and strategic direction, reinforcing its position in the water treatment industry.
More about Phoslock Environmental Technologies Limited
Phoslock Environmental Technologies Limited (ASX: PET) specializes in water treatment products aimed at remediating polluted water bodies such as lakes, rivers, canals, and drinking water reservoirs. The company is headquartered in Sydney, with operations in China and representation in various countries through licensees and distributors. Its primary product, Phoslock®, is a lanthanum modified bentonite that binds excess phosphorus to improve water quality without harming living organisms.
Technical Sentiment Signal: Sell
Current Market Cap: A$15.63M
See more insights into PET stock on TipRanks’ Stock Analysis page.