re: Ann: Sale of Australian Paper Manufacturi... PPX shareholders who have been loading up under 50 cents will do extremely well. As a long term holder, I bit the bullet and bailed at $2.45 at a small loss, BUT under 70 cents PPX was a screaming buy.
It just goes to show that a lot of deals can be going on behind closed doors which shareholders have no knowledge of and sell out fearing the worst, only to find out how silly they were.
You didn't see Paperlinx management and directors selling their shares, obviously they knew that a deal would be done.
For those now holding we should see $1 shortly.
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