to sell or not to sell , page-18

asf take a chill pill mate, you don't even hold WPG and you're worried sick over them lol!

And despite your protestations the situation is still ironic, as a non-holder you have no money at risk...until you make the plunge. It's the rest of us holders who have our money at risk.

A couple of things I would point out from your statements;

"$5.32m WPG shares were bought and sold on Friday, which is massive." - No it's not, just take a look at the stocks trading history, there's been bigger days before, even in less volatile markets. In fact, the share price barely budged on Friday.

"If tis deal does not go through, the SP will fall to 88c- the price at which the deal was announced." - That's pure speculation on your part, if you were so good at forecasting future stock prices you'd have bought into WPG before the takeover offer was announced.

"As a non-holder, I am eiter going to be buying into something with a massive down side, or buying into something with a very decent upside (free shares, basically, taking into account the $$ numbers)." - I don't share your view on the downside risks, unless your a short term speculator looking to make a quick buck. This company has very good prospects, as most long-termers will attest, even if the deal does not go ahead. That's why we bought in.

"There is a fact here- that the deal will not go through, if the Ords reach 3650" - No that's not a fact, that's your speculation going again. No ones knows for sure what Onesteel will do should the ASX All Ordinaries hit 3650 points. It's a risk yes, but such an outcome is not guaranteed should the event arise. Onesteel's actions to date suggest they are in fact committed to finalising this deal in spite of the on-going volatility.