Nystar will likely come back with a higher offer as they might know that the TOHO bid is complicated from an ordinary shareholders point of view. I am uncomfortable with TOHO holding so much power.
If they offered 25 c would that do the job? Probably. A bit less might too. Though long term analysts would see a higher price.
But I fear there is a lot more going on here than I understand. Pem are quiet.
Wait and see....
Pat
Nystar will likely come back with a higher offer as they might...
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