SRS 0.00% 7.1¢ spicers limited

submission by costal, page-13

  1. 462 Posts.
    I agree with above posters:

    - 250:1 and $100 wont do it for PPX
    - better to own 10% of something than 100% of nothing
    - cleaning up the capital structure is required
    - etc etc etc

    If cash is not available to pay out PXU then perhaps 1000:1 may do the trick?

    Which leads to another poster comment/belief that:

    "the board are doing what they think is in PPX interest"

    To which I will disagree as if the board approved anything greater than 250:1 they lose their jobs.

    So whose interest is the board working? As (I fear) for all boards - themselves.

    PXU only

 
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