PPY 7.14% 1.3¢ papyrus australia limited

Curious why this recent announcement resulted in a positive...

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  1. 102 Posts.
    Curious why this recent announcement resulted in a positive price bounce.

    It says a second shipment of veneer has been sent to Egypt this week.

    I know they have announced a MOU with Egypt but I thought that was for a licence/factory.

    If we have shipments of veneer going anywhere are they sales or samples?

    What happened to the group in Monaco who were so keen to supply the EU market and placing orders way back?

    There has to be another placement soon or the cash will get critical.

    Wonder if PPY will go the way of PTR who are also linked to Taylor Collision via Don Stephens, and do a placement at 10c?

    Will the true believers (existing shareholders) get another crack at the same price and how many would buy at that (5 years and half the value)?

    Next few weeks should be interesting and hopefully get lucky to avoid the cyclone season in Far NQld.


 
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Last
1.3¢
Change
-0.001(7.14%)
Mkt cap ! $6.405M
Open High Low Value Volume
1.3¢ 1.3¢ 1.3¢ $2.829K 217.5K

Buyers (Bids)

No. Vol. Price($)
2 176922 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 132423 1
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Last trade - 14.14pm 14/11/2024 (20 minute delay) ?
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