Aussted , Firsova,
Difficult to imagine someone swapping 1 pxu for $8 worth of ppx, when selling the pxu on market provides funds to buy 225 ppx.
And the centro you talk about[CNP], didn't survive.
Its shareholders were given peanuts to make the aggregation of the present CRF easier.
Cross shareholdings and ownerships of assets made liquidation difficult.Becton not dissimilar from memory.
Not the same situation with ppx.
cheers
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