ppx is getting hammered this morning. pxupa looks to be...

  1. 258 Posts.
    ppx is getting hammered this morning. pxupa looks to be potentially on the down too if prices meet demand.

    paperlinx net asset position has worsened, cash burn $60m, but still this has always been a turnaround. and a few years at that. you cant turn around a company in 3months! =) great to target profitability already in fy14.

    dissapointing not to hear from andrew price at all? executive director should probaly have made a comment re: turnaround status and tasks at hand.



    [disclosure: i hold pxupa only]
 
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