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22/11/13
12:28
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GrahamCC
Thanks for the link and report
Don't know what it achieved? And don't know what it was meant to achieve - as surely the results were as expected.
Expect all PXUPA accept they will have to take a haircut - but like those at the meeting - I don't like the bald look.
A PXUPA holder viewpoint may be $100 + lost divis + priority standing + pain and suffering
Lets say $115 to $120
So offer of > $60 may get the job done ...and provide a reasonable haircut for PXUPAs plus a good profit for the PPX hairdresser.
IMHO PXUPAs should not accept less than expected PPX asset sale value which should be> $60.
Guess time will tell.
PXUPA only
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