pigs, page-61

Ex June 2011 accounts, current assets ( receivables, inventory, cash etc ie hard $$$) ~ $1.54 bill. This provides a very conservative assets figure as excludes intangibles, buildings etc of ~ $0.4 bill.

Total ALL liabilies (excluding PXUs) ~ $1.2 bill

NTA on this basis = 1.54 - 1.2 = $0.34 bill

So if PPX wound up then $0.285 bill owing to PXUs would be paid from the $0.34 bill less costs, less any loss since June 2011, but including any value from $0.4 bill of non-current assets above......so would hope upwards of $80/PXU with a best case of $100 per PXU with some $ to flow to PPX.