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a share swap?, page-9

  1. jamwolf
    6,042 Posts.
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    23/08/13
    11:19
    Post #: 12234426
    Blues raises an interesting possibility.

    A scrip offer (maybe the 60%-40% split suggested), plus a more conventional convertible note to a smaller value.

    That would keep control for now with the ords, which is important because clearly PPX management would have to be insane to agree to hand 92% of PPX to PXUPA to then kick them out !
    SRS Price at posting: 6.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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