PES pepper residential securities trust no. 21

price discrepancy with aoe deal, page-4

  1. Free will
    10,486 Posts.
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    23/12/08
    15:42
    Post #: 4633649
    The cash portion would be discounted as you don't get it for a while. In addition, the offer is conditional on the value of the index, independents expert report, and 90% acceptance. Plenty of stuff to price in a risk discount.
    PES Price at posting: $4.78 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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