SRS spicers limited
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trust company valuation

  1. firsova
    5,980 Posts.
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    29/08/13
    18:26
    Post #: 12262736
    The trust company is the INDEPENDENT trustee of PXUPA , and has tonight provided its current valuation on the value of PXUPA

    Their figure of $7 is a bit low in my opinion , but they are independent so it is hard to argue any bias .

    They have no reason to act in the interests of the PPX board or any reason to over value the hybrids for the benefit of their holders

    I think the 125 -150 offer I have expected now seems more than fair value to all parties .
    SRS Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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