PXU paperlinx sps trust

If we dismiss the December offer as an opportunistic joke (which...

  1. bluefurmonkey
    440 Posts.
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    20/04/12
    12:18
    Post #: 10011327
    If we dismiss the December offer as an opportunistic joke (which I think we can), it seems to me that an offer of say 15c for the ords and $50 for the PXUPAs might be attractive to both sets of holders. My back of the envelope maths says that would cost in the order of $235M. Still a steal if PPX has any sort of a profitable future. I would vote my 20,000 PXUPAs in favour of that. What do others think?
    PXU Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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