Well, the hedge fund is a long/short fund. It probably "wins" no matter what price PXUPA is.
primaus, PXUPA is no more of a "gamble", if one wants to put it that way, than PPX. Talk about Paperlinx in administration and PXUPA's value in that situation, seems to me to be a bit irrelevant now. The AFR said there might be a downgrade in results coming up, and said that asset sales are possible. That's it! No admin in sight.
Anyone noticed that when PPX is around the 7c mark, PXUPA is priced at the $8.50 mark? Relevance there?
Well, the hedge fund is a long/short fund. It probably "wins" no...
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