Looks like the board wanted to sell Europe , Mr Price wanted to...

Looks like the board wanted to sell Europe , Mr Price wanted to continue to turn it around.

Be interesting to see just what value can be extracted in a trade sale and just how much of that bank debt can be retired within that process

Aussie /NZ and asian business trading strongly so not dead yet. Hybrids are ahead of share on a administration but I cannot see that now.

Mr Kay was very clear 250 for 1 shares for each hybrid was the maximum offer , time for PPX to re offer the 250 for 1 at the AGM , commence a buy back of Hybrids on market at that multiple and then try sell Europe to get rid of as much bank debt as they can.

Maybe the banks could take a hair cut if the european businesses were sold just as I am proposing hybrid investors should