pigs webinar, page-4

I had a listen tonight , and was surprised that the number PIGS considred fair would deliver 78% of PPX shares to PXUPA holders .

The PPX board cannot do that and fulfil their direcotr obligations

On that basis I feel that the offer from PPX that is expectant may not eventuate , as they wont make an offer any where near that

The trustee should release their current fair value f the Hybrids now to at tleast give the ppX board a starting point

Was expecting an offer of 120 - 150 for 1 beofre listening in tonight , where the market has been for t elast 6 months and before the last few days of pumping up the hybrids and down ramooing the shares has been going on .