Ann: Becoming a substantial holder from WOW, page-4

Its a tough call really. If the offer falls through for whatever reason the SP will tank again, that's always a risk for people holding but if there is a higher offer then it was worth holding for sure. A bird in the hand ......... as the saying goes may apply. There is a relatively small window of opportunity for the decision to be made then it is locked in whatever status of holding is at the scheduled date. Why would anyone be buying at this point? The only reason I can see is they might think the WOW potential seen might attract a higher offer from elsewhere and if it doesn't then they haven't lost anything except brokerage but if the WOW plan falls through, and it can, well.......... down down SP down down again. however I think its a good long term investment and those holding the shares get an opportunity to accumulate more at lower SP so I sort of hope WOW goes away - Woolworths' offer is not too WOW factor for my liking ... bow wow grrrrrrrr