3.00 was the first day of trading after the news broke, shares rarely hit the price offered on the first day as its just that.. an initial guess. There will have been lots of people selling to take profits but on the other had some instructions buying as they have a better idea of the end game. Next week i expect a further increase as there is a better understanding of the value and therefore probable offer.
Pmoran... totally with you but I have no doubts that the there is no possibility of the william hill board accepting anything less than fair value, irrespective of where the share price might be sitting due to a pandemic. The price will have to include fair value for what they have now in the USA plus some for the potential. They will not imo accept anything below £5.