PPY 7.14% 1.3¢ papyrus australia limited

re: Ann: Papyrus Signs Memorandum of Understa... No need to get...

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  1. 266 Posts.
    re: Ann: Papyrus Signs Memorandum of Understa... No need to get angry swill76. I actually didn't refer to the hayot production line. I was commenting on novogenisis's post where it was mentioned. It was also mentioned by other forum users but not me unless by way of response. I wouldn't have a clue about their capabilities and like most that appear to be blinded by the PPY story you have missed the point. PPY lays claim to having a patent whereby they are the only company that has the technology that can produce banana ply paper/veneer from banana waste. This is the guts of their whole reason for being. "They are a technology licensing company", so how is it that "hayot" have been able to get up and running in such a short time? Whose technology are they using? Given that PPY have had a 15 year head start I would have thought that that would have been a fair and reasonable question to ask!! I was buying shares in PPY when they were a "technology" company. I wouldn't buy shares in them as a manufacturer because they are not and they are chewing through cash paying for the running of a factory instead of putting it into technology development. There is no comparison between the two companies. PPY is a technology licensing company and the others (because I don't want to bandy around their name and give them free publicity) appears to be a product manufacturer. So I don't care what they are producing or how fast or whatever statistic you want to see. The point is that they are out there and believe it or not it should help PPY. Let "hayot" build the market etc and PPY put the effort into making a machine/process that could be sold to them or their potential competitors.
 
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1.3¢
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Mkt cap ! $6.405M
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1.3¢ 1.3¢ 1.3¢ $2.829K 217.5K

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2 176922 1.2¢
 

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Price($) Vol. No.
1.3¢ 132423 1
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