SRS 0.00% 7.1¢ spicers limited

Time for Price to take charge prior to the AGMThe positive is...

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    Time for Price to take charge prior to the AGM

    The positive is that almost all of the hard calls he was requesting have been actioned ...some of these were .

    Combine brands in to one
    Close Milton Keynes
    Reduce staff numbers by 20%
    Sell paper and diversify
    Close marketing and HR out of head office
    Focus on profitable lines of product
    Provide some form of buy back in the notes

    I think tax selling pre jUne 30 will continue but post July 1 , with Price re committing his capital and time PPX will re rate to pre EGM prices ie 10-12 c
 
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