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details on why i'm negative on ppx, page-28

  1. austted
    1,106 Posts.
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    19/12/11
    10:09
    Post #: 9457535
    Graham You may be correct that Orbis got into PPX too soon. No one gets it right all the time. I am more heartened by the fact they kept buying and have not been a seller. If they thought it was adud they would have offloaded. At 18.46% they are close to the 20% point at which they would have to mount a takeover.

    On PXUPA, at current prices they also seem attractive if you believe PPX can recover as I do.
    SRS Price at posting: 9.1¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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