I don't think any one party could acquire 10 percent now without driving the SP up significantly, as Arrow/Shell/mates already hold half of all shares.
The key is that everyone holds on to his shares until they announce a better offer.
As you say, there is no harm in not accepting at this stage.
PES
pepper residential securities trust no. 21
I don't think any one party could acquire 10 percent now without...
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