Ann: DLS: Notice of Variation - Extension of Offer Period, page-48

anyone noticed that every time info comes out that is negative for DLS's AQO bid, the shareprice goes up (e.g. this, MH increased offer) and every time there is news that puts DLS back in the running, the price goes down?

i think some shareholders don't want DLS to make this takeover.

or maybe the price is going up in anticipation of the reserve add that should be announced shortly??