PPY 11.1% 0.8¢ papyrus australia limited

annual report and advertiser article, page-7

  1. 266 Posts.
    Interesting point but as I have said in previous posts it pays to be emotionally detached. Since PPY listed all those years ago it has been one announcement after another leading to, well nothing really. I remember when their share price was over $1.00!!!! Now it's $0.18 and for a reason too. Then to show that they have done everything they could to get Walkamin going they blame their subcontractors poor performance yet here we are well over a year from that alleged debacle and no fix and no sales and no jv partners left but an announcement of sorts that indicate an interest from Egypt. My research uncovered Citadel Capital and I am merely speculating that if they are the interested parties they could potentially buy out PPY if they wanted to that's if they felt that PPY had some serious technology on offer. They look to have the financial muscle to throw resources at. It would appear that it fits ECARU's strategic objectives. So, it will be interesting to hear the board discuss this at the upcoming AGM!!!????
 
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