Not over yet1- If delek do not reach 90% at the end of the actual extended offer period, on may 3rd, the remaining shareholders will not be forced to sell and the stock will resume trading free on the normal markets. Conditions for a delisting are pretty hard to get (been posted a few days ago) and won't happen quickly, if it ever does.
2- The remaining shareholders will be the hardest to get.
3- On level 2 for the canadian market, which shows the market depht and trades, we've seen today a lot of trades at $1.95 on the more secondary markets and these are going on under the normal radar...The ones who buy at $1.95 surely think they have a chance to get more than that in the future...
If your broker doesn't know about the extended period, change your broker...
All just my personal opinion