PXU paperlinx sps trust

LizardI think the penny has finally dropped at board level....

  1. 478 Posts.
    Lizard

    I think the penny has finally dropped at board level. Let's assume they have brains - they wouldn't be prepared to suffer the reputational damage of executing your scenario. Others might, but not the board.

    The appointment of Anthony John Clarke as director is probably intended to address their capital management issues.

    The problem with PPX isn't debt, but margin. Refer my posting re Good News today.

 
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