details on why i'm negative on ppx, page-8

Grahamcc

You seem completely engrossed with your campiagn to see PPX fall ,and let the administrator pick up the pieces and return the NTA to PXUPA holders

Maybe this will happenat the end of the day , but surely the board and management with such a reputable history of acumen deserve at least the period of time they sought when they announced the review

From memory the review period was suggested to be complete for a management recccomeendation in June 2013

If that is true that fall close to the annual results, the reveiew date for the PXupa ,and in my view be given the time to deliver

I understand that part of that review has caused the pxupa income to be stiopped until after the review , but if it is a succesful managamemnt restructure eveyone will win

If after june 2013 the difference between the NTA now and then , and the cost of any administration process would be negligible

my view is let them get on with it , await the half year result, and any updates and every one will be better for it

Even bought some pxupa earlier this week , just in case they do find funding to launch a buy back of these debt instruments .

I hold PPX ( from $2.40 (a few) all the way down to 7c
(a lot ) ) and PXUPA