Hybrids losing value by the minute in my view .The inability to...

Hybrids losing value by the minute in my view .

The inability to work with the new board on a 50% equity outcome may be seen as the offer tht in retorospet would of been far better than other options

If the acceptance of 250 for 1 can take place hybrid holders end up with 50% of somethng the bannks will work with , if not.....the trading conditions appear to be very troubling and all holders ppx and pxu could easily evaporate to nil .

If the deal is smashed I sense the banks , employees, super members , lawyers, and administrators will end up taking c in the dollar fromthe administrator and nothing will be left for PXU holders wo do sit in front of PPX holders .

Thinking it might be time to cut my losses on both if the fight continues any longer .