Reminds me of riding the highs and lows of Sunshine Gas only to get an offer that i thought (and many others) from Queensland Gas to be very low.....the management accepted and through it went without another offer....then Queensland Gas got taken out before then Sunshine Gas take over had even fully completed - which provided the further upside I was looking for. Feels like - and I think others will agree - something seems very similar with this - think you all might end up with a premium for your Arrow Script when Shell have a shot at Arrow. Just a guess really - but think if it happens at all it will happen within a month of PES acceptance.
PES
pepper residential securities trust no. 21
