There almost certainly will not be a competeing bid for...

There almost certainly will not be a competeing bid for PES.
Assuming the relative % s/h remain unchanged as a result of the conversion of the Options, the acceptnaces so far are:
Arrow - 17% approx
Shell - 14.88%
PES Independent Directors commitment - 11%
Large s/h commitments - 8%

That's 50.88% before the Takeover offer has even been printed!

The only possible upside to the current bid is if some other s/h hold out, and AOE does not reach the 90% compulsory acquisition threshold.

I have held the shares since IPO, and I intend to accept.

The beauty of this offer is that we can get the CMV (pre-offer) in cash (ie $2.70), then still have a bigger number of AOE shares in our portolio.

So we stll have exposure to the CSG big movers!

A great result !!!

cheers