Ann: Change of Director's Interest Notice- Mi, page-11

re: Ann: Change of Director's Interest No... Can someone do a few calculations to find out what Paperlinx could expect to receive if the different zones were sold.

Base the calcs on the 4 recent sales of PaperlinX - US, Italy, South Africa and Hungry, Slovarkia

Firstly sale of US entity
Sale price (which I don't know) divided by the discontinued revenue (as indicated on page 7 of the AGM notice 28 Sept) stated at $466 mil

That will give us a company sale dollar per revenue dollar.
We can then work out the sale value of Canada with it's revenue of $447m

You can apply it to Aust, and Europe as well.

Then do the same exercise with the other 3 sales.
Italy sold for euro 45 mil
Hungry, Slovakia euro 19.6 mil
South Africa A$6 mil

Italy and South Africa, hungry Slvakia had a discontinued revenue of euro 309 mil.

From determining the expected sale prices of the different compoents we could subtract current liabilities.

It would be great if someone could do this.

Note I am expecting another big loss this year, as paper demand in Europe and particularly the UK were way down in August this year over August the previous year.

I think receivership is likely.