They can have mine for $6.80!! That would make it a very Merry Xmas! Ironically the assets PES have overall are probably still well north of this but AOE needed to do this before the irons in the fire got too hot and PES'S true worth was realised! I dare say there won't be any counter offers due to the holdings of both AOE and Shell!
PES
pepper residential securities trust no. 21
takeover price, page-3
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