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re: Ann: Change of Director's Interest No... GrahamMy view is...

  1. austted
    1,105 Posts.
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    08/10/12
    10:22
    Post #: 10826579
    re: Ann: Change of Director's Interest No... Graham

    My view is that Allan Gray will sit tight until they are surer that PPX has turned the corner with the new management. Until then I see little chance of PXUPA buybacks or conversions. If it happens then both PPX and PXUPA will rise. Depending on price would not be surprised if either PPX and/or AGs buy some PXUPAs. Coastal would then be sitting pretty.
    SRS Price at posting: 6.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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