Possibility of increased bid for ELDPA, page-5

Not true, this is not a take over situation.
If Elders want to acquire all the outstanding they have to redeem as per the terms in the prospectus.

I don't think hanging on for a couple of months to see what happens is a good strategy. The likely return won't be much different from what is being offered. Initially it will probably be less when the buy order is no longer there. As time goes on and closer to a date when they might be redeem the price will creep up. Your strategy should either be sell now or wait for a year and if Elders redeem you should make about 15%.
Between now and when Elders redeem I can't think of any reason why the return would be greater than Redeem price - time value - uncertainty risk