Ann: Appointment of CEO , page-6

doesn't really matter what they announce at the moment it will not have any effect on the SP whilst the current offer is in place. I am guessing that most observers feel that WNI will get their 90% and then forcibly acquire the rest. That means each share is only worth $1.50 plus 18 WNI shares. It's to difficult to value 18 WNI shares because of the amount on market currently and with zero volume they are effectively worthless today..

So the perception is why pay $2.00+ for a stock worth $1.50.