PPY 0.00% 1.3¢ papyrus australia limited

Re: receivership would leave nothing for sharehoders.I guess in...

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  1. 60 Posts.
    Re: receivership would leave nothing for sharehoders.

    I guess in retrospect the wrong word was said.

    It should have been "placed in voluntary administration" so the administrators could have the possibility of finding a group who could make the idea work.

    Personally I still think banana stem veneer is a real possiblity and if certain persons would get out of the ******* way, a method of pressing and drying banana stem veneer could be developed and commercialised. Engineers I have spoken to seem to think it is a quite vialbe idea.
 
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