Regarding the PPX offer - Would have hoped PPX had thought all this through and had a strategy in mind and believed they had a fair chance of achieving their desired outcome - otherwise it is a waste of time and effort and $$$.
IMHO the (unacceptable) level of their mooted "offer", their failure to produce documents in a timely manner (ie they were not pre prepared) and the canvassing of opinion after their "offer" provides the appearance this is all being done 'on the run'?
If so, very disappointing as both PPX and PXUPA deserve better.
If PPX want this deal done (and I believe it makes sense to do so) then get an offer on the table that has a chance of being accepted.
Otherwise put all your focus on becoming profitable so both PPX and PXUPA holders ultimately benefit.
PXUPA only
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