Tapdancer
>I can't follow Firsova's logic.
I believe the logic is as follows.
The PPX Board primarily acts on behalf of PPX shareholders. If PXUPA holders want a result that suits them they need to buy sufficient PPX to get the Board to do what they want.
I don't think Firsova is seriously advocating this, just emphasizing that the Board acts primarily in the interests of its shareholders.
On the question of which group of shareholders has lost more, the answer depends on when they bought.
I hold both. I believe PPX may have more upside but that PXUPA carries marginally less risk. I'm betting on Andrew Price and the management team turning the ship around and cannot see the point of agitating at present. If I thought he was a dud, I would be.
- Forums
- ASX - By Stock
- SRS
- cone of silence - peace
cone of silence - peace, page-24
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online