RE: ok so.. where are we heading? 60,50,40,30?24 Jul 2022 11:15
The situation isn't binary. Might go down, might go up. The very unlikely scenario is that it is taken private for less than a rejected offer just because the SP has gone lower since. Suggestions to that affect can only be considered naive (which you are not) or purposeful.
Which is why posts like this are painting a false dilemma. This isn't a bad Vs slightly less bad binary play. Like most shares that have seen this kind of action it is likely to rise for those with the maturity to sit and wait. It's a game of emotional strength.