IF AOE does not sell their 21% to BG. Effectively BG wont get the 90% they need and Pure can continue trading as a Co. Would be ideal situation for those longterm option holders who converted, as CGT is the biggest issue at present.
Any thoughts on the possiblity of this happening?
If Arrows shareprice keeps heading North, they could just make another offer or their cash/script offer may become a lot more attractive.
Really if you intend to accept the offer anyway then you would just be better of selling on the market at $8.19 + brokerage, rather than waiting till this battel is over to get the extra 6cents.
Interesting to see the volume of buying at current price.
PES
pepper residential securities trust no. 21
IF AOE does not sell their 21% to BG. Effectively BG wont get...
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