Forget shaking trees etc - lots of scaredy cats out there (with some justification) but I think the intention is there for the bid to proceed.
It is a binding offer with due diligence completed and not subject to finance. Due Diligence killed Discovery and finance killed Sundance.
More likely to happen than not and at this price you are looking at a gain of 23c versus a fall of say 20c. If you don't mind a calculated risk it is worthwhile in my opinion.
K2P Price at posting:
43.5¢ Sentiment: ST Buy Disclosure: Held
