All my thoughts and some are reflection from yesterdays general meeting. With results so close, I expect Price to keep an eye in next result season.
Yesterday when Price asked Harry, whether PPX will make profit next year, Harry did not answer.Instead he was asking Price tell me what paper price will be next year. You dont expect that sort of behaviour from a chairman and I would have thought, they would have done some analysis and prepare for that question. Give a range, profit or loss a number. Without that I can only think board is running blind.
9 cents PE offer - board would have heard well the shareholder anger.
After all Boon now needs a new ruler, to go beyond 61 mill savings, which is the only thing he promised to offer and that is not good enough. Time will tell his tenure.
DYOR
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