The new team have to be very good ,otherwise PPX days are numbered
This stock was $4 it is now 6c .
PPX has to come to terms with hybrid holders bettr than Boon and co did
I think it is good Andrew price is involved his track record speaks for itself ,and if given time I suspect PPX will turn a around operationally
The challenge is if this was was a horse race even Black Caviar wont win if first of all he misses the start (current losses) and secondly he has to carry 70kg in a tough field (hybrids )
The odds are therefore tough and why the stock is 6c
If he gets it right the brave including him should see the SP many multiples of 6c , but as a prime minister once said
This is not going to be easy , and if he does fail , it wont be from lack of effort , and should never be compared to the previous board who created this tough challenge for someone brave enough to say get out and move over I can do better
I bought more yesterday and have everything crossed hoping to one day see a $ in front of the share price again
SRS Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held