1. With uch low liquidity maybe we are seeing exisitng note holders chasing a low entry in to PPX by topping up in PXUPA now to encourage a higher offer number in shares that might hvae been offered by PPX when the on market share ratio was 6c and $7.00 ie 120 for 1 compared to 5.8c and $11 at the close tnight closer to 200 for 1
2. Maybe some PXUPA holders are getting excited and topping up prior to a meeeting betweeen PIGS and the chairman of PPX today or tomorrow as one of the brokers buying PXUPA was suggesting might be happpening .
Happy buying PPX and selling PXUPA when the PXUPA price is more than a 150 for 1 ratio as it is tonight and buying PXUPA and selling PPX when the ratio is less than 120
SRS Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
