hybrids friendless on the bid , page-3

firsova,

Best wishes with the ordinary shares.

Market obviously disinterested in PPX all together since there is too much uncertainty with the hybrid offer closing soon and nothing has changed. Even if PPX get 10% of PXUPA - big deal.

Plus another loss coming in the half announcement this week. Hopefully cash out the door is small.

PPX will have to come back to hybrid holders unless of course.....

Administration is always a possibility at any time.

And a parting question: Who in their right mind would buy hybrids to accept ords?? Any arbitrage is a mirage.