Wild Bill
There is no doubt Paperlinx know how to sell product .
4 Billion in turnover in a market that has shrunk dramatically is massive , they just need to maintain revenue at more realistic margins , AND diversify in to products that are a much higher margin products such as packaging and digital print
If they can buy bulk paper from the mills at lower prices , reduce debt carrying cost ,reduce staff and other expenses like Toby and crew overdid , and finally get little increases to their sales without losing market share PPX has a chance a once again becoming operationally positive , and seeing everyone Win
This includes staff, shareholders, the board , banks , suppliers, clients and Hybrid holders
Give the new board 12 months and we will see how they go
IMO under 7c and under $9 is worth a punt
I hold both
Looking forward to the AGM on the 15th
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