ecp u bidders

I thinking of sending in my NO vote, selling my ECP shares then to trying to pick up the shares again when they fall.

Then I wondered why would there be U bidders at 54c and 53c? There's no profit on the maximum offer of 55c.

Could it be that a person or persons with strategic interests are mopping us up through the U bids?

Bugger it! I think I'll just hold on to the shares and vote NO just to be difficult.

Mike