Speculation is just that speculation. At the current price of...

Speculation is just that speculation. At the current price of 38.5c you cant exactly go wrong as the buy out price is currently higher than the share price, the chance of it going higher is down to one of two factors

One another bid comes in from a competing firm (Mcdonal Jones) and if Roche and Simonds are firm on taking it private they would then counter bid subsequently pushing the price higher again

Two simonds and its related parties control no more than 40% of the total shares on issue at this stage, if major holders which there is a few plus the small holders dont sell out because they will make a loss Simonds and Roche maybe forced to offer a higher buy out price which has happened for other companies in the past.

I would say that at current prices the major share holders list excluding Simonds related parties are all sitting at substantial losses, the deal would have to be sweetened in order to get them to sell out