I only hold PXU but another consideration for PPX holders is a...

I only hold PXU but another consideration for PPX holders is a lower SP means any coversion of PXUs dilutes their equity % age....current at 100%

Example

At 8c for ~ 600 mill PPX conversion of 2.85 mill PXU ~ 3.5 billion PPX ie total ~ 4.1 billion PPX. Existing PPX holder equity becomes ~ 15%.

At 3c / PPX, after PXU conversion total PPX on issue is ~10.1 billion. Existing PPX holder equity becomes ~ 6%.