PXU paperlinx sps trust

They should do a offmarket tender offer. It was successful for...

  1. primaus72
    3,952 Posts.
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    31/08/11
    12:05
    Post #: 8896853
    They should do a offmarket tender offer. It was successful for MMG few years back.

    How it would work is that holders offer their hybrids at a given price say 2000 units at $60.

    At the end of the offer period, the company would decide their buy back price and all those who were at or below buy back price will be bought out at that figure.

    In the current climate, I would be happy with something like $65
    PXU Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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