It's worse than that Ozwire. The current product doesn't look anywhere as nice as the product displayed a few years ago. How green is it? We don't know what the veneer is mounted too. The veneer only represents a fraction of the total material. To work as flooring it needs to be at least 6mm thick and have a density of at least 700kg/tonne. $5.00 against say FSC grade Beech as $3.00 and bucket loads of volume compared to the PPY output. The selling price must be FOB Egypt it just doesn't add up. You mention the prospectus in your blog. I can't recall seeing veneer in the prospectus. It was all about paper. At current output it will take (extrapolating PPY's announcements) all year to fulfill 10,000sqm or $50,000 worth of revenue. Boy I hope I am wrong!!!!
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Last
1.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $6.013M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $525 | 50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 640130 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 580130 | 0.010 |
2 | 700000 | 0.009 |
8 | 2672151 | 0.008 |
4 | 914570 | 0.007 |
4 | 412764 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 100000 | 1 |
0.012 | 699928 | 2 |
0.013 | 523257 | 2 |
0.014 | 10520 | 1 |
0.016 | 50000 | 1 |
Last trade - 12.02pm 02/07/2025 (20 minute delay) ? |
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