The board has scheduled an Extraordinary General Meeting for 23 March, where Price's charge on the leadership will be put to the vote.
Price said he had been "inundated" with support since announcing the challenge on 3 February.
"This has confirmed what we believed, the current board is friendless – not unsurprising given the over 98% destruction of shareholder value," he said.
"I cannot imagine a single reason why any shareholder would support Mr Boon. He has served on the board since 2008, the time during which the most disastrous decisions were made."
However, Paperlinx's board said it would continue backing Boon because the company had been stabilised due to "significant restructuring" and an ongoing strategic review.
Price said the strategic review was not worth waiting for.
"Why do they need outsiders to conduct this review at great shareholder expense when the problems with this business are so obvious?" he asked.
"Most importantly the same outsiders are the ones trying to flog the company off to private equity. They have been spruiking the wisdom of the sale in recent weeks. If this isn't a conflict of interest, I don't know what is."
Price questioned the board's decision to proceed to the Extraordinary General Meeting rather than force Boon to resign.
He said it "might indicate that they are more concerned with the personal interests of Mr Boon than that of all shareholders and calls into question their independence. It also, I believe, shows just how disconnected Mr Boon is from his shareholders."
Price also dismissed the board's call to share his ideas for improving the company, claiming Boon was "part of the problem, not the solution".
"This company needs strong leadership, stakeholders want to see people committed to their ideas and prepared to back themselves by investing their own money," he said.
"I have about 6 million shares and Mr Boon has about 21,000. Actions speak louder than words, all stakeholders can clearly see who is more committed to this business."
Paperlinx did not comment when contacted by ProPrint this morning.
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No doubt Mr Price has loads of ideas to turn the Company fortunes around, if he’s looking for support perhaps he could tell us just one of them to make sure its not just bravado.
“If you’re good at something, never do it for free.”
The Joker, The Dark Knight 2008
Take your point Banksy but your pseudonymous artist namesake isn’t afraid of using up all his ideas by showing us what he can do on the odd railway arch or two, perhaps there is only one big idea?
I did read one big idea he had, get rid of the Chairman.
I’d love to know how many proxies (non voters) were used to win this Boon back in. From what I’ve read Paperlinx and it’s board and management don’t answer any questions. They are a closed shop and if anyone thinks this is democratic you’re in dreamland.