Buying PXUPA's back via the PXUPA Trust? The company has $285m...

  1. asf
    9,887 Posts.
    Buying PXUPA's back via the PXUPA Trust? The company has $285m worth of PXUPA's, and perhaps the Trust keeps an eye on how this is used, and it is separate to other debt (or equity, as PPX calls it for the preference shares). Say the PXUPA fund has $100m left in it, Paperlinx could buy back $100m worth of PXUPA's, and this would mean less of a burden on it for the future re distributions. If such a thing occurred, it might also help the price of pxupa's, as they'd be rarer!
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.