Two bucks. Then only if SC turns out to have made a killing do current shareholders get some table scraps. If no killing, then maybe two bucks is it. For those in at 2 and under (including me, though I recently bailed out of much of it) then 2 may be a nice exit, but for earlier believers - well...
" if Southern Cross achieves certain investment returns and certain other conditions are met, such existing shareholders may acquire all the economic interests in an affiliate of Southern Cross that will own up to approximately 14.6% of Southern Cross' investment in Ultrapetrol and share in a portion of Southern Cross' returns above a particular threshold."
Private Equity Firm to Invest $220 Million to Support Growth Plan and Strengthen Balance Sheet
this is the goal we have the capital now to go on and develop the business to achieve the ROI that will support a PO at much higher prices