interesting, page-19

From Nathan
"Buy 10% PPX. Get board seat or force EGM. Roll the board. Cash out 20% of PXUPA at $100."

This would be an intriguing strategy. But it would potentially take a long time to play out and the risk of insolvency increases.

What % of PPX does Coastal currently own??

While the end of the offer is an important milestone, the half year results are probably more important. Especially with cash outflow due to the poor European division.