The (confidential-leaked) offer price is now $7.13 and falling -...

The (confidential-leaked) offer price is now $7.13 and falling - expect sub $7 next week. Not WPL's fault - looks like the recent price rise in oil is turning into a dead cat bounce off a dead cat bounce - which is bad news for gas players & oilers. Some are predicting the great global slowdown could drag on for decades. I cant see WPL shareholders forking out any more because it would cut their dividends as well as the WPL share price and expose them to a broke PNG government who has no choice except to keep wanting more and more and more from any PNG production. Also, this may not be the only confidential merger proposal Woodside is considering - if the slowdown continues mergers are the way to go.