Hard to say, I hope it is someone other than TLW acquiring a stake.
May however be funds buying an option on POO as you say. Not a bad bet where you get limited downside plus the chance of another bid thrown in as well.
HDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.