I have a feeling the market is coming to terms with the fact that PPX is significantly undervalued in light of its potential profits through streamlining and diversification.
Turnaround train is heading north, in my opinion increases of over 20% in SP over the last 2 weeks indicates only strength and optimism for the future of the company. Today's finish at 10c is remarkable considering past losses which will be revealed in the upcoming half yearly report.
Those who underestimated new management and sold out thinking that PPX was doomed, jump back on board! Train is leaving and leaving fast.
"If past history was all there was to the game, the richest people would be librarians" - Warren Buffett
SRS Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
