GT the offer is 25c. True its the opportunity cost of holding when you could invest in some other stock. I think a lot a holding on for the time being to see if another higher offer eventuates. If it becomes obvious (through elapsed time) that there are no other parties interested it may be worth considering selling at close to the offer price and move on.
SEH Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held