possible scenario - new bid but deferred, page-3

I think you are right. It will be another six months or so down the track before another offer because in all fairness it would be unethical to minority shareholders who have accepted this offer to increase the offer to the rest of us so soon.

WN have done fairly well to get where there are now and saved themselves a large amount of money. IMO they have learnt that for the remaining 20% of shareholders they must provide a cash incentive next time around to motivate the rest of us otherwise its pointless.

Do not be suprised to find a bit more trading in WNI shares in the ensueing weeks as they try and make a market for their stock. They will do what they have done to BRM shares but in reverse so that daily volume increases along with the price. For the few million it would cost them there is hundreds of millions they will make from this deal if and when they get to 100% because soon or later their shares will be re-rated.

We will see what happens next week but otherwise I think it is time for minority shareholders to go on the offense and see what legal remedies and legal aid are available.

We do want to be played as suckers for a third time.