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Firsova,If your view is that it is okay to not pay PXUPA holders...

  1. r3067
    74 Posts.
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    11/11/11
    15:03
    Post #: 9274582
    Firsova,

    If your view is that it is okay to not pay PXUPA holders a distribution based on the need for retention of cash for the benefit of the company as it works its way through any reorganisation you can't also call for it use the same cash to rebuy PPX shares. Hold both PXUPA and PPX
    SRS Price at posting: 8.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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