PPX UK, page-4

  1. 1,204 Posts.
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    we are all seeing this the wrong way IMO?
    while its very sad, for employees, its this what the company needs to survive?
    all rubbish gone now and management can focus on a profit making business, which is left?
    still makes $10 to 20 million annually.
    with a market cap of 11m, very interesting!!!



    perfect storm
    1 get rid of Europe (sad but good move)
    2 make a deal with hybrids to divide the rest 50/ 50 so issue double shares.
    even if future profit was on the lower end at 10m
    a ords holder today should get equivalent to 5m profit
    that equals to 0.75c per share 5m divided by 660m shares
    at 1.7c market cap = 44 percent return

    if hybrid still don't accept, (made if they don't) management will just keep going and milking company.
 
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