W5, have you considered "why" the stock is trading at a discount...

W5,

have you considered "why" the stock is trading at a discount to book value? (hint - rate of return lower than cost of equity) .......................

next - how does one liqudate a "going concern" ......(the answer is you can only remove excess funds from the business that are surplus to the amount required to actually run the business.......hint - chk the inventory turn's / net working capital etc......)

to find a corporate buyer for the entire business - takes "time" ........imho - this is the only mechanism that would enable the major shareholders (and board) to get "value" out of the business ........obviously - this would have to be some sort of "agreed" type deal ..........also obviously - they cant tell the market this.........also obviously - they would need to disclose any price sensitive information if / when they were to become aware of same .......

the stock has basically moved up by around 50% since the completion of the pxupa scheme of arrangement (I view this as a debt for equity swap).......

if anyone has any info on the following - would be appreciated !!!!!


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	Column 1	Column 2	Column 3
0	Company Name and Number	Update Type	Date
1	Paperlink International Limited No: 06312366	Latest Accounts filed	31/03/2017
2	Paperlink International Limited No: 06312366	Credit Rating change	16/01/2018
3	Paperlink International Limited No: 06312366	Latest Annual Returns filed	07/08/2017

rgds
V_H