Agree Deadfish but problem is how do PXU's realise our $$$$?
I am not aware of any levers for PXU to pull? Further, as PXU is "classed" as "equity" on the balance sheet, my understanding is PPX can run this down beyond $0 and they are doing a good job as shown below....probably all PPX equity gone by now and eating in to PXU
Year Ending 2013 2012 2011 2010
Common stock 1,896k 1,894k 1,891k 1,896k
Accum losses (1,687k) (1,573k) (1,276k) (1,148k)
Treasury Stock (124k) (150k) (156k) (100k)
~ PPX Equity $85k $170k $460k $650k
PXU Equity $277k $277k $277k $277k
Agree Deadfish but problem is how do PXU's realise our $$$$?I am...
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