When i say withdraw i meant not extend or improve. Sorry. I...

When i say withdraw i meant not extend or improve. Sorry. I think for holders that have been at this stock at lower prices, it can be justified. However, people entering now need to be a touch cautious. The reason i prefer EVN in the ST is the deal being successful is reliant on EVN. They need to convince PXG SHers that this is compelling. The fact that the offer is connected to the share merger means the performance of EVN will directly benefit the offer. So as the evn price increases it will have a correlation with PXG's causing some sellers to be convinced on market. However, these are peanuts and i think what the registry action at PXG will tell EVN is at what level are more people willing to sell. This will then enable EVN to ascertain what further incentive is required. Say for example the volume of selling dramatically increases at 16 c as EVN's price keeps climbing, EVN SP will be capped at these levels or even decline. Then an offer will be revised say to 18c via a cash scrip. for me EVN are testing the waters to the threshhold of current holders that will stimulate on market selling. That is why in the ST i am on EVN. PXG will also be worthwhile jumping on but EVN is highly liquid with massive volumes so a trader can enter and exit at will. Also the increase in EVN will be a greater proportion that it is with PXGs SP as it is not a 1:1 correlation but 50% split between cash and share where the cash is fixed.