PES pepper residential securities trust no. 21

takeover price, page-2

  1. Red Ace
    229 Posts.
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    22/12/08
    11:22
    Post #: 4628938
    I say 2 to 3 AOE's for each PES as a scrip offer. Maybe some cash thrown in as a sweetner, but not too much (40c/share??)

    I think it has to be a mainly scrip offer as they don't want to burn through the Shell cash all at once
    PES Price at posting: $2.98 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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