Ann: Phoenix Advises REJECT Evolution's Takeover Offer, page-58

Pete its capping. If the sp needs to have a discrepancy to compell holders to part with their shares. I mentioned this in previous post. If offer date was looming and pxg was dithering while evn was flying cause net value of offer to be increasing, what would you do to make money? Naturally take the offer. Buying into pxg is hoping for an improvised bid whereas my preference at the moment is to follow evn until volume increases in pxg. Then it will b time to jump on pxg.