RE:PCEP SHARE VALUE.I'm fairly sure that when PCEP decided to backstop the company that it was foreseeing a sizable return on its investment, but so far, it has not panned out for them. The question then becomes, for how long are they willing to help keep the company afloat, and at what cost?
Like yourself, I do believe that PCEP will give it at least one more kick at the can, but they also want to see results, and that might not happen unless/until there is a substantial change in management, or another company sees the value in PPR and decides to step up and make a substantial bid for its assets.