Jake,
you asked the question over on the AOE thread, whether PES holders should sell at $8.13 or hang on?
I have already hedged my bets selling some PES and getting more Bow and Arrows. I reckon most PES holders are pretty happy with the current price given the relatively low volumes that have been turning over.
For me, I think any revised offer to come through would be well over the $8 and would not be worth my while shooting for an extra 15 or so cps.
Could be a late night tonight. The suspense is killing me!
SF
PES
pepper residential securities trust no. 21