Silly question i guess it should have been - Any thoughts on how much below $8 will PES trade when the offer closes??
However i do feel $3 is crazy and little of the mark. Will be taking the punt and holding on. With the quality of Pure's CSG acreage this company can only go forward in the lt, IMO cant see it falling below $7 if BG do not acquire 90%.
Surely BG will extend their offer but it would be even better if they sweetened it.I will keep hoping....
PES
pepper residential securities trust no. 21