There's also massive downside risk if the ACCC blocks the CWH...

There's also massive downside risk if the ACCC blocks the CWH reverse takeover. Sigma on its own has a history of being a bit of a dog, let's be honest. The price trend over the past few months have been purely speculation that the CWH-Sigma merger (effectively CWH buying Sigma) will go ahead. If the merger gets knocked back watch the SIG share price tank. I was thinking of short-selling. David DiPilla, the HMC guy sold a substantial stake not long ago. His wife is high up in CWH and his cousin is Mario Verrocchi, one of the CWH founders. His previous buying of SIG stock has proven to be astute (well-informed?). I'd be willing to bet that his selling is just as astute.