While the company is on the operating table there isn't too much...

  1. 8,061 Posts.
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    While the company is on the operating table there isn't too much risk involved here over the long term.

    The company has a 24m m/c where-as BLY for example has 80 odd mil, both got flogged over the past few years.

    I reckon theres a 4 bagger in this at least between now and the next year.

    The lowering AUD seems to be favouring the bottom line too.

    An improved loss seems to be on the cards as well.

    At the end of the day, PPX has operations, is diversifying and improving. On-top directors are buying.

    Momentum has improved on the long term chart and the volume has dried up, indicating to me some-what of a bottom formed and stabilised.

    I've bought some on Friday at 0.037 and intend to hold for the long term and if results keep improving I shall add.

 
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Currently unlisted public company.

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