I agree with above posters:- 250:1 and $100 wont do it for PPX-...

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