PPY 0.00% 1.2¢ papyrus australia limited

Hi ozwire"The key remaining risk is whther a market exists for...

  1. 237 Posts.
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    Hi ozwire

    "The key remaining risk is whther a market exists for the banana paper and veneers."

    This isn't an issue , they have more than one product.
    This company isn't just about making paper - in fact it's one of the last things they will turn this technology to as there isn't that much money in paper.There is huge demand for packaging materials and board products , and the products made from this technology are directly substitutable.

    The key now is simply getting up and running at commercial levels and from today's announcement it seems like they just need to drop the new blade in sometime next week and they will be up and running.

    As for people selling , there's always people selling any stock.People sometimes have to sell for personal reasons too , not just stock specific reasons.Best not to try to figure out why - there's a million reasons , but most important if someone else is selling it isn't investment advice , nor an indication of what's likely to happen in the future.


 
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