Maybe Arrow could counter any further offers with not just cash and scrip, but also beer. Something like $3.00 cash, 1.57 AOE Scrip and 0.4 Cartons per PES share would be a very interesting offer indeed! Probably one I would definitely go for :)
I am going to need some beers when all this goes through to celebrate a little!
PES
pepper residential securities trust no. 21