Blues234Spot on.“The worst case for PXUPA holders is the slow...

Blues234

Spot on.

“The worst case for PXUPA holders is the slow death of PPX scenario”

which is exactly the pitch of Boon and Marchant, mainly for them to salvage some dignity and load up their golden parachutes as neither is weighed down by equity.

I don’t expect PaperlinX to exist in its present form in 12 months from now. Two reasons:

#1 Simon Marais has finally been quoted publicly [https://docs.google.com/open?id=0B7D1-Ry7leljUTNlWXh2amVROUtYYlVFRWcwZ2l3Zw ] what anyone who has STUDIED PaperlinX knows too well – Marchant is a dud.

#2 The old boys club will be shocked by this result.

There are no easy options for PPX holders – see http://www.paperlinx-sux.com/2012/03/egm-protagonists-talk-money-shouts.html with two interesting charts, or at least I think they're interesting.