I reckon at least personally 18 c . PXG directors have given a...

I reckon at least personally 18 c . PXG directors have given a valuation range 15-24 - basically inviting evn to the table . As in scarface - u go high i go low, we know the game.
Looking at evn cash flow really what is a 3 c increase in cash scrip when the benefits are overwhelming. I reckon EVN are going to test the willingness of when sellers are inclined to part with their share. At 15, 15.5? This will be tested on the PXG registry via EVN SP performance. If say at 15.5 volume increases to sell, then be prepared for an improved bid on the cash scrip. This is why the I said before - i would buy PXG as volume increases in selling level. Then i would accumulate.