Given that we haven't heard the takeover is off and tah and...

Given that we haven't heard the takeover is off and tah and tatts have announced details of their merger; I would say the merger isn't going to stop the bid. If tatts had wanted them to cancel the bid we would have heard by now as otherwise they would be keeping the market in the dark about an important bit of news.

Also, I doubt the accc will be worried about the takeover - their real concern will be the merger. Accc already publicly discussing the merger so very unlikely they will block bid at this late stage.

IMO shareholders voting "no" is the only thing that can stop the bid now. But, I think if they do then it is now more likely that tah will refuse to pay more and will walk away from the deal.

So I have decided to vote yes to this fairly low ball offer and take my money and invest it elsewhere. I think there is 2% there for any brave souls who might want to buy some shares on expectation the bid will go through.