I'm sure whoever is buying yesterday and in the days to come, is doing so just to warehouse and transfer the shares to the WNI offer.
I feel this is just another shake out attempt by WNI. I mean there will be a lot of people out there who might say " $1.50 cash and 18 WNI shares!! No WAY...I'd rather sell on market today for $2.20ish" WNI buyers just waiting to accept their on market transfer.
Adam, hoe sure are you of the 25% in safe hands? As an unfortunately small ( small in my world anyway ) shareholder I hope your right :)
I'm not subscribing to the rubbish offer - and Im not selling on market for a loss! Waited this long, I'll continue to wait for a decent CASH offer.
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- valuation problem aside. this is a $1.5 bid
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