Thanks Sharecall,Your views appreciated.I too hope PPX holders...

Thanks Sharecall,

Your views appreciated.

I too hope PPX holders get a divi sometime soon and agree this can only occur if PXUPAs have been paid.

Risk is if they fail to pay a PXUPA dividend then nothing to PPX's for the following 18 months because(if I recall correctly)there must be 2 consecutive PXUPA payments (six monthly) before a PPX payment can be made.

Guessing this situation has already been factored in to current PPX price.

Looking on the bright side, and in line with your thinking, if PXUPA divis continue then PXUPA should be a raging buy with a 28% yield...yet this is not occurring, and I am trying to understand why?