Welcome W. I think they have decided it is a pragmatic outcome for the situation which we are in, as there has been a long stand-off. As a PXUPA holder, I find the offer underwhelming. But it is only an offer, and I will get an opportunity to vote on it which I will duly do.
If you have the time, you might find the history of this situation interesting, starting with a gent who unfortunately passed away a few years back now, Graham Critchley. Check out the link here.
PXUPA only.
SRS Price at posting:
2.5¢ Sentiment: None Disclosure: Not Held