Anyone have a view on how the PPX board stoush may impact on...

Anyone have a view on how the PPX board stoush may impact on PXUs?

I can only think that it may be good as

1)if PPX turns around then we may receive distributions quicker - depending on orbis. (refer 4 below)

2)If they sell at a higher $ than current quasi offer then we should get more than $21.85!!

3) if go under then probabaly not much change

So my assessment is no damage to us - only potential upside.

Will be interesting to see what happens to PXU price on Monday.

Other considerations:

4) I wonder where Orbis sits with all of this? Presume they would back the new guy as PPX was going nowhere.If so then unfortunately probably not much change to PPX view on PXU distributions :(

5)I wonder if the 22,000 PXU on Friday was a strategic or inspired purchase?