As someone who is a recent investor/speculator in PPX (who has lost 70% of their capital on paper):
1. Aside from the personal tragedy of job losses, I look on the termination of the UK business as a great result.
The cancer has been cut out. The question is can we effect a cure.
2. If we believe the company that PPX Autstralia/New Zealand is insulated (and they would face legal ramifications from shareholders if they are found to be incorrect) then finally PPX will be a profitable company.
3. We need strong leadership here and the way this could be demonstrated is that the Company Directors/CEO etc buy a significant value (lets say $100K each) of PPX shares. I think this would be a great step forward. Let them "put their money their money where their mouth is."
4. I don't have shares in PXUPA nor would I want too. The company, I would have thought, is always going to put the position of PPX shareholders ahead of PXUPA ones.
SRS Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
