Doing some quick spreadsheet calculations, PPX seems to be...

  1. 136 Posts.
    Doing some quick spreadsheet calculations, PPX seems to be trading at a great discount to NTA and NCAV. It's trading even more below working capital.

    This is after factoring in dilution from the hybrids.

    I'd recommend people do their own calculations and take proper risk management strategies but PPX seems to be a cheap value play right now.
 
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