PPY 15.4% 1.1¢ papyrus australia limited

Ann: Managing Director Statement to Shareholders, page-17

  1. 653 Posts.
    lightbulb Created with Sketch. 108
    Nah. Without AB the company is dead in my opinion. Besides it will only be the same old cover up for failure so there would be no value in any news, also in my opinion. I'd go if they could get AB there to give shareholders a balanced report.

    I agree with MStevensonAU though. I think Mr Azer is good at raising money, but that is all this team seems able to do, to continue diluting shareholders every time the cash runs out because they achieve nothing, and need more funds. That is not building a business or a company, and it seems it is all they have.

    The sad thing is the same directors responsible for the state of the company are the only ones putting in money now, and they reward themselves with more shares and options for their failure. Go figure.

    A decade of this is enough. I've sold off, and lost a bit of money, but at least before the real crash comes.
 
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