My understanding is that what they are reporting it the total amount of accepted offers. Certainly there will be a lot of people who are waiting before deciding. Personally I plan on accepting but have not yet. My rational is that if I accept I am not allowed to sell if it looks like the deal is going to fall over but has not officially collapsed.
It is interesting that we are running out of buyers at the moment. Not sure what to make of it. I am over exposed to this share at the moment, but am considering buying more next week.
K2P Price at posting:
51.0¢ Sentiment: None Disclosure: Held