Ann: MAQ: Supplementary Bidder's Statement, page-8

I’m very happy for you that MAQ had a great half. Well done. Maybe they will use the proceeds to increase the offer, maybe not. But there’s now, more than ever, zero chance of their offer going through.

Regarding your advice to sell, I somewhat agree. Holding for final acceptance of an offer or a higher offer does present some risk for both upside and downside. My sentiment is hold at this price, however I would say buy at 13c or lower and sell at 15c or higher. This is my current sentiment until more information is known.