Its obvious that BG will be willing to bid more. What is not as obvious is Arrows grand strategy and the value it could add to your holding. Arrows ann today clears that murky water up a little. The only problem is it is not in a cash offer to the market.
As long as AOE keep bidding in the ball park of BG, then it should be pretty clear that AOE is by far the better medium and long term position for me to have as they have the potential to add growth to my holding in a risky market with a sector that is booming. BG looks to be definitely your low risk 'I want the money now' option. I did see in the BG target statement that there is no halvsies {Legal terminology for half}. They want all your holding or nothing.
No need to make a call on it all yet though. If the Pure directors choose Arrow, then it should be pretty obvious where the majority of investors may put their money imo. Well that is what I am waiting for before I do anything further.
Waa Hoo!!!!
SF
PES
pepper residential securities trust no. 21
the big call, page-10
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