PPY 18.2% 1.3¢ papyrus australia limited

Jump before the ship sinks?I presume major shareholders are...

  1. 60 Posts.
    Jump before the ship sinks?

    I presume major shareholders are trying to support the stock. Dare I say throwing good money after bad?

    Also I imagine there is a fair amount of churn, as new shareholders realise what they have bought and get out before the pain becomes too great. I think that second showing of the Landine program brought a lot of new shareholders into the company. When they realised the true situation, I imagine they got out as fast as they could.

    A factory wihc produces four tea chests of material in four months of operation would scare off anyone I would have thought.
 
watchlist Created with Sketch. Add PPY (ASX) to my watchlist
(20min delay)
Last
1.3¢
Change
0.002(18.2%)
Mkt cap ! $5.912M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $9.198K 762.3K

Buyers (Bids)

No. Vol. Price($)
1 46556 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 450070 1
View Market Depth
Last trade - 14.43pm 11/10/2024 (20 minute delay) ?
PPY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.