Just read the PXU announcement - it's 70% for the whole class...

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    Just read the PXU announcement - it's 70% for the whole class but 68% net of the shares Spicers own.

    32-68 seems to me a sensible compromise. Hopefully, this will not come as a surprise to the major PXU holders.

    Values the combined equity at $50m.
 
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