PPY 9.09% 1.0¢ papyrus australia limited

Ann: Papyrus Newsletter September 2010 , page-2

  1. 3,610 Posts.
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    Didn't expect to post again any time soon.

    However, as I try to be balanced, I felt duty bound to comment briefly on the content of the PPY newsletter just out. It must have almost crossed with my post of yesterday evening.

    This is the clearest communication I've seen in some time from the company suggesting to me a renewed and positive focus on marketing the technology itself. (refer Mission Statement)

    Information contained within (relating to equipment purchased) also goes part way to answering the query about valuations which I previously posted.

    In my opinion this clarity (provided it is maintained) should help existing and potential investors assess PPY, and in my own case time any re-entry into the stock.

    There was some criticism from Ted Byrt of the activity of a group called "Friends of Papyrus" in questioning aspects of Papyrus' management and business approach. I received a letter from this group, and although I've not responded, it may well be that it has played a timely role in having management address it's quality of shareholder communication.

    If so, and PPY does turn around its fortunes then win - win.

    best wishes all,

    Lilac

    (NB when I held, my sentiment was HOLD, now I don't I show NONE - it's simple I don't post advice or seek it here, but it can be worthwhile canvassing / offering opinions. DYOR)
 
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