I understand if you think there are better risk /reward equations out there.It's important to always do that sort of analysis.
I personally wouldn't read to much into the fact that they have changed strategies over the years.They had a consulting firm come in and advise them on the best way to make money from the tech.And as part of that process they found out that customers would pay a lot more for veneer than paper.There's not alot of money to be made from making paper it's a very basic commodity which people expect to be very cheap.
People will pay a lot more for decorative veneers and the other uses of this wonderful banana ply paper.
I think you'd agree that that's a sensible change in strategic direction !
Sure it's frustrating waiting , but I tend to believe them that only a minor tweak is needed.They have alot of knowledge with the process now and I can't wait for the next lot of news...
PPY Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
