Nice little trade of 6600 PXU just went through at $10. Wish my...

Nice little trade of 6600 PXU just went through at $10.
Wish my holding was at $10.
Doing some pondering.
+ If a distribution was ever paid it would be around $7 p.a. ie 4.65% + 180 day BBSW. This would represent a 70% return.
+ A $1 price move (up) represents a 10% return!

Looks like someone prepared to have a punt.
On the distribution, if one was ever made it would total around $20 million.p.a.
I wonder if what is left of PPX can generate that sort of cash?

If it can, IMHO PPX potentially better of buying back the PPX at a bargain price of let's say $100 mill versus face value of $285 mill.

The $20 mill would pay off the $100 mill in say under 8 years allowing for some interest payments.
This would provide our lucky punter on the 6600 PXU a 200% return.

Musings I know, and it all hinges on what the "new" PPX can generate.
Any ideas on this?

PXU only