They are speculators trying to earn 3.84% on their trade as the take out offer is for 40.5c. There is also the chance of a higher bid (I think unlikely)... and also the chance of poor acceptances that translates to a higher offer.
I hold a few and will not accept the offer.
Kiril
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They are speculators trying to earn 3.84% on their trade as the...
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