so WGR is now @29c so our 'premium' has gone to 20%.
BUT you do get to keep your options (if you are lucky enough to hold any that haven;t expired).
I think the only options left are unlisted managment options, correct me if I am wrong.
a counter offer would be good although I would suspect that people may wait for the merger (sorry takeover!) to go through and then they would gobble up the lot, someone like an Anglo or similar.