Rights of PXUPA holders, page-2

Having been through the experience with Gunns hybrids, I think the most likely outcome for holders of PXUPA is that in the event of administration or receivership the insolvency practice will get a fat living for a year or so, the secured creditors may get something, and everyone else will get nothing but the occasional mail out containing bad news from the receivers.

I hope for everyone's sake it does not come to that.