It is obviously a clickbait article as otherwise they would need...

It is obviously a clickbait article as otherwise they would need to disclose the approach under the continuous disclosure regime to the market. This has been written about for months or perhaps even years. The longer CTX waits, the more likely it might become that CTX takes the lot especially if WOW follows TSCO, Walmart, SBRY into a similar FV SP of say $15 based on PE multiples globally for grocery shops or commercial property trusts or whatever WOW is or represents, they don't seem to make money from groceries although due to the alleged highest grocery prices in the world, one wonders why WOW don't make profit from the groceries.

If WOW hits $15 and CTX's SP stays flat or higher, then CTX could conceivably take out WOW completely not just the petrol station JVs but I think CTX will have bought out BP or 7Eleven or United Petroleum by then..