I bought in last month under the "cant go broke" reason but I sold out on the "cant make a profit anytime soon" reason.
In essence, there is no real near term catalyst for a re-rating. Even back in 2004, PPX was labelled the "roadkill of the paper industry"
I can forsee the stock in the doldrums for a long time to come along with the slow erosion of its share price.
6.8c? Could be under 5c give or take a month.
Much better value multi-baggers elsewhere IMO
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