A critical review of the evidence for M32 being a compact dwarf satellite of M31 rather than a more distant normal galaxy
C. K. S. Young, M. J. Currie, R. J. Dickens, A. L. Luo, T. J. Zhang

TL;DR
This paper critically examines the evidence for M32 being a compact dwarf satellite of M31, finding conflicting evidence that challenges the conventional view and proposing an alternative scenario of M32 being a more distant normal galaxy.
Contribution
The paper provides a comprehensive review of observational evidence, highlighting inconsistencies and proposing that M32 may be a more distant galaxy rather than a satellite of M31.
Findings
HST stellar population studies support M32 as a satellite of M31.
High central velocity dispersion and planetary nebula data suggest M32 is more distant.
Current evidence presents conflicting scenarios with unresolved contradictions.
Abstract
Since Baade's photographic study of M32 in the mid 1940s, it has been accepted as an established fact that M32 is a compact dwarf satellite of M31. The purpose of this paper is to report on the findings of our investigation into the nature of the existing evidence. We find that the case for M32 being a satellite of M31 rests upon Hubble Space Telescope (HST) based stellar population studies which have resolved red-giant branch (RGB) and red clump stars in M32 as well as other nearby galaxies. Taken in isolation, this recent evidence could be considered to be conclusive in favour of the existing view. However, the conventional scenario does not explain M32's anomalously high central velocity dispersion for a dwarf galaxy (several times that of either NGC 147, NGC 185 or NGC 205) or existing planetary nebula observations (which suggest that M32 is more than twice as distant as M31) and…
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