Another Concerned PaperlinX Stakeholder, page-8

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ermen

10 Posts.

27/10/15

02:31

Post #: 16258484
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Originally posted by racdan ↑

I don't know why the shares jumped. As a PPX shareholder only, I look on those who hold large tranches of hybrid shares as parasites. They are happy to see my holdings decimated so that they can make their millions.

They issue statements and make offers as if they have concern for PPX-when in fact it is the contrary. For those large investors who state that they are shareholders of PPX and the hybrids, I would love to see the actual value-I suspect it would significantly favour the hybrid side.

If I was running PPX I would concentrate on building the business and put the hybrid issue on hold.

It should be remembered that it is not the board who will determine the final outcome of the hybrid issue but in fact, it is the major shareholders of PPX. I don't see them sacrificing their position.

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As a PXUPA holder, I view PPX shareholders as parasites too. They are clearly out of the money, yet want me to accept a haircut on my hybrid which ranks higher up the capital structure

Hope this gets resolved soon though for the good of all...

*Hold PXUPA. Buy.

Last edited by ermen: 27/10/15

SRS Price at posting: 4.1¢ Sentiment: None Disclosure: Not Held
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Another Concerned PaperlinX Stakeholder, page-8

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