mypravdaAs I have stated in earlier posts I'm in for the journey...

  1. 462 Posts.
    mypravda

    As I have stated in earlier posts I'm in for the journey as I'll get paid sometime, either via

    1) PPX recovers and wants to pay divis to PPX holders so I get paid before PPXs,

    2) PPX gets taken over, so I get paid (cash or conversion), or

    3) winding up event - so I get paid (whatever is left)before PPX's.

    The amounts I get paid will vary, but I will get paid.

    The same alternative outcomes apply to all other PXU holders.

    IMHO PPX holders are limited to outcome 1), possibly 2) but for reasons stated by many in this forum, only likely to be 3c max per PPX.

    I understand you expect PPX to recover and indeed prosper ie outcome 1) above - correct?

    If so, could you (and/or anyone with a similar view) please provide some supported reasons for forming that view as I just don't get it.
 
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