Ann: Pure Energy Takeover Update , page-2

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  1. 1,871 Posts.
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    Last 2 anns. "considering" it`s position,and today "still considering" it`s options.

    Does this mean they have decided that a 50.1% stake in PES would be good enough for them and will raise their bid for PES at a later date to secure control(50.1).

    OR

    They will let BG take control at $8.25 and buy them out at a later date?

    The market seems to think there is a slight chance of something more coming,PES trading as high as 8.20 today.
 
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