PPY 10.0% 1.1¢ papyrus australia limited

Ann: Appendix 4C - quarterly , page-4

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  1. 102 Posts.
    Not sure how you can say the share price is rising Porthos?

    There has been thin trading and the share price bounces around the bottom with a few bottom feeding speculators trading small $ bets.

    There was increased (tax loss?) trading before end June that forced the price down even lower and it has recovered only slightly since then.

    With such a low price and thin trading it would seem easy to trade it up a bit before another capital raising but no signs of anything like this happening.

    It looks pretty terminal/life support to me despite all the cheery newsletters.
 
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