Arbitrage narrowing

Line wiper took almost a a 190,000 chomp upto 34c, cleaning out the 33c and 33.5c lines and a chunk of the 34c queue. That leaves a 1c arbitrage to the bid price. You would not do it on a risk/reward basis ( notwithstanding the 1 c divvy ). Its a fair amount of coin to shell out. Am seriously wondering therefore if a higher bid from left field is under serious consideration. If so, makes sense to lob a higher bid now before the IER is tabled which no doubt will plainly show the 35c bid is lowball.