Who would buy now? You'd have to have watermelons.
Plenty of risk that Montanta pulls out and then it goes into admin - says it in the announcement.
Should the transaction go through it's a different story. Plenty of upside in that case, especially if you're keen to neutralize the dilution by taking part in the SPP.
I'm holding, and not at all surprised if it goes under 3c until the money is in the bank.