pigs, page-26

Orbis,

The following thoughts are pure speculation as it will all depend on what the major holders are prepared to go for.

Looking at the PXU chart shows some big volumes at ~ $60 and also around $40 (over a sustained period)...so this may represent a range.

On this basis, I would think $65 would get the vote and anything less than $40 would go down. IMHO leaves a $25 range where the games will be played.

I hold PXU no PPX