How has the price not crashed yet does everyone expect a hardware payout?
Thats all a peta share has represented for quite some time now: a gamble that cryptx will indeed sell off its hardware and get decent prices for them.
I think its a risky bet, because I doubt cryptx will indeed sell off after the next difficulty adjustment (he is more likely to lower his fees as needed to keep divs a few satoshi above zero), and because in the current environment, its not going to be easy to offload 1PH of old, relatively inefficient gear - especially not when you have reputation as tarnished as cryptx when it comes to selling hardware.