ugly result, page-13

GCC

I now see you are right, Sequana did recently raise capital and have acquired two businesses, so they aren't going under.

Note Sequana are also concentrating on Visual signage and Packaging as well. I recon each company would be spying on one another.

There needs to be a reduced number of paper merchants, before this general industry picks up. The idea of diversifying into packaging to me is outstanding and may be the saviour. The smaller paper merchants won't be able to make that transition, and will sadly close down over the next few years, probably a good number will close within the next 6 mths in my uneducated opinion.

For what's worth Harry Boon seems ok to me. This business must be based heavily on personal relationships. I also reco ... Price is probably a bloke who has a big presence, either like him or loath him sort of a bloke.
Price will have to serve his apprenticeship, before getting on to the Board.