In fact six months ago in August the PaperlinX share price was around the $2.25 marker, today it stands at just 35c. PaperlinX is one of 60 companies in the ASX 200 trading at a discount to net tangible assets, others include PMP which is the tenth cheapest stock on the bourse.

Analysts expect the PaperlinX price to begin to rise before too long, as bargain hunters move in. The company has been buffeted by the global slowdown, particularly in its key markets of the US, UK and Europe.

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