RE: RE: RE: NAE Taken Out Not really unhappy. I own more of Nal than PGF and like everyone else would have liked a higher premium and a cash deal. However it looks like the sum of the parts will be worth more, in the end, than the parts. If the ananlyst see it that way over the next few days PGF and NAL should both appreciate,
My biggest problem and I suspect many other ( including fund managers) is that this deal will make my asset alocation too high in PGF. So even though I would rather hold the new entity I will have to sell some to balance my portfolio. Problem is there are not too many places to go anymore. The old O/G trust sector disapearing fast and we are left with mostly gassy names.