wah nam won't get the numbers. one way bet !

The trades we are seeing are likely to be WN buying and selling between various associates to create a perception of a flight. This is abundantly clear given the volume.

Anyone holding out (retail or instos) know WN is dead set to takeover the company in entirety. It going to be a matter of time (and for the right MONEY).

There is plenty of upside should WN be frustrated if failing to get the necessary number. There is not a lot of risk either as the bid as it stands is a $1.5 bid. Even with compulsory acquisition, they still need to pay you the $1.5 and a roll of toilet paper. (There is no risk in holding on and plenty of upside - in case - and I think almost certain - that WN will fail).

It THEN means one thing AND one thing only.

WN will get the cash from China Inc (using another so called HK tycoon as a facade) to do a all cash buy out.