Finally, a fellow traveller. Welcome to the positive side.
I've posted extensively about PaperlinX, but in summary:
PPX: Something will happen sooner rather than later, whether initiated by the company or a third party. Four instos hold 49%. PPX is an easy target and the global paper market isn't going broke - refer chart of Dow US Paper Index ($DJUSPP) which comprises peers of PaperlinX. So let's put that furphy to rest
PXUPA: has a face value of $100 and a date with destiny in June 2012. Regardless of what happens with or to PPX, the PXUPA maturity date imposes a legal obligation to do something soon, and at a price closer to $100 than $30.
The market doesn?t reward comfort. It rewards discomfort.
Add to My Watchlist
What is My Watchlist?