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What VH said. Looked at in combination with NPAT, and keeping in...

  1. friendlydwarves
    3,807 Posts.
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    06/10/15
    13:56
    Post #: 16122598
    What VH said.

    Looked at in combination with NPAT, and keeping in mind the need to build up working capital at some point, it's going to be an extremely long time before PPX has enough money to both 'catch up' on a year's payments to PXUPA and also pay a dividend of any worth to PPX ords. As I said a few days ago - cutting a deal with PXUPA is better for everyone.
    SRS Price at posting: 3.1¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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