Ann: Revised Offer by EPN , page-3

well l find it extraordinary that they need time to CONSIDER the new offer.

surely they should know its value by or now, or have discussed what is a fair price to accept.

l see EPN got 40 mil or so on market which is l figure something like 1%.

l know they will get control but the question is whether that is enough for them. they cant expect to get the full company at that price surely?

We need to know if they are bound by the offer being FINAL or whether they can up the offer at a later date.

if it is ;"take it or leave it" l would prefer to leave it.