SRS 0.00% 7.1¢ spicers limited

pxupa very attractive

  1. 2,123 Posts.
    lightbulb Created with Sketch. 1
    assuming 6% average Bank Bill through 2012, and exchange 30 Jun 2012, I estimate rate of return around 46% PER ANNUM. if PPX is taken over prior to that date, return would be SUBSTANTIALLY higher as this would consititute trigger event which would require redemption.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.