Could it be that a group of hedge funds or others are planning on picking up 14% of SOI, on the basis they can then subscribe to Gina's offer to ensure she gets to 40% and pays 36c/share. There are vested interests who have already sold their shares to Gina for 28c - who might be willing to make a side payment to someone who could ensure they get 36c. The 8c difference between 28c and 36c means it would be worth paying up to 43c/share to ensure it happens.
WGO Price at posting:
40.0¢ Sentiment: Hold Disclosure: Held
