cone of silence - peace, page-24

Tapdancer
>I can't follow Firsova's logic.

I believe the logic is as follows.

The PPX Board primarily acts on behalf of PPX shareholders. If PXUPA holders want a result that suits them they need to buy sufficient PPX to get the Board to do what they want.

I don't think Firsova is seriously advocating this, just emphasizing that the Board acts primarily in the interests of its shareholders.

On the question of which group of shareholders has lost more, the answer depends on when they bought.

I hold both. I believe PPX may have more upside but that PXUPA carries marginally less risk. I'm betting on Andrew Price and the management team turning the ship around and cannot see the point of agitating at present. If I thought he was a dud, I would be.