PXU paperlinx sps trust

can sps trust be forced to buy out pxupa's? , page-2

  1. boomeronrations
    7,757 Posts.
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    07/01/12
    20:35
    Post #: 9521600
    Hi ASF,
    No is the answer.
    "face value", not market value.

    Only time issuer can be forced to buyout pxus is when they are in breach.

    ie pay a dividend on the ords, when they owe money on the hybrids

    cheers
    PXU Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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