Part 3 ? Why you should accept the Offer
1. Locks in a material investment return to the 7 May 2010 entitlement offer price and represents an attractive premium to historical prices.
- So does holding and getting even more material investment return!
2. Attractive premium to current NTA valuation benchmarks.
- 7.8c is a PREMIUM to 10.6c?? Really.
3. Liquidity in EDT Units is low and has declined over the last 18 months.
- What no one wants to buy or sell? I'm panicking here....NOT!
4. EDT remains highly geared and EDT Unitholders continue to face risks attributable to refinancing of debt maturities.
- Do the job you were hired for. And manage for the best result of your SHAREHOLDERS
5. The 100% cash Offer provides EDT Unitholders with certainty of value for your EDT Units and will not incur any brokerage costs.
- Read... "I want to steal your shares but save you $30 brokerage doing so.... LOL
6. High degree of risk and uncertainty attached to alternate strategies.
- What alternate strategies?
7. Limited risks of Offer completion.
- Care factor - zero.
8. The likelihood of a counter bidder emerging is low.
- Read my point 3
9. The trading price of EDT Units may fall if the Offer is unsuccessful.
- Or it may just go up with increasing values and lower gearing this with.
10. EPN intends to compulsorily acquire your EDT Units if entitled to do so.
- So once a bully always an bully? Or just sharing your love with the shareholders minus any lube?
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