Blues234There is a grossly misguided view here that all PPX has...

Blues234

There is a grossly misguided view here that all PPX has to do is get profitable and this profit all falls through to the bottom line. There is a strong counter argument spelled out under "paper & Buggy whips" if you care to search the quote, or "is paperlinx viable". There you have the detailed answers.

Remember Kodak? PPX has managed to do in 8 years what it took 14 years to do.

With the European crisis deepening and virtually unresolvable, and where 65-70% of PPX's business is based, what hope does it have.

PaperlinX cannot pay its debts as they fall due (interest to PXUPA holders). That's insolvency.

PPX holders fail to appreciate that debt & equity are different. Nonsense about stopping distributions for the betterment of all is irrational.

Does your bank worry about you if your mortgage is in arrears? OK, PXUPA rank unsecured, but always ahead of PPX.

PaperlinX has few options and none of them benefit PPX, not now and not ever in my view.