When any school goes to its WL, it’s to fill in holes. It could be that they need 40 boys and 3 girls. It makes it very hard to assess your odds.
They may offer FA if they have it left and if it is associated with the holes they need to fill. Certainly from the school 's side, it’s easier to extend offers to FP kids.
Typically, a WL offer is made by phone. You get a short time to say if you are interested, then a short time to commit and pay a deposit. So my reading above is that those 94 students enrolled. Those who got phone calls and said they were happy where they ended up aren’t counted. It’s not another wave of decisions.