RE:A final decision from the Maryland PSC is expected For anyone holding the receipts, a negative decision would be a win - your receipt would be worth $31... I subscribed to the original offer at $31 and then added some at$25.50. As it stands now, my original receipts are down a little over 25% (I am not considering the dividend) A failure of the deal would suit me just fine as the original receipts would have a return of 7% (about $2.17 / share) while the deal closing (at todays prices) would mean losing about $5 / share - a significant loss. It is hard to forecast what will happen when the receipt are converted, you would think those that thought the dividend was good at 7% might think the same after the conversion but it will be years before the capital loss is covered by the dividend (if the share price doesn't improve). My hope is that the sell-off is overdone and the share price will improve.