ugly result, page-20

I understand this , but what is the market valuing PXU at ?

If PPX is 7c and PXU $ 9 that's 130 for 1 .

PPX shareholders are not happy with 7c , and they are not determining the trading price of PXU , the market is doing that .

Maybe do an average multiple between the share prices of the last 2 years ?

For example what was PPX when the PXU were $100 and so on?

Just an idea , as in my opinion if the issue remains unresolved for the next say 2 years , where PXU holders get no income , and the debt at $100 remains on the balance sheet as a noose for any form of recovery .