James Duff,
Your question 'How would you fend them off',
There is only one defence to takeovers that is well informed investors not selling to early or cheaply.
IMO Traders accepting 100% return when 3000% is on offer with only patience required is foolsgold.
AS for
'The 6 billion shares is based on the Moly Mines deal with Hanlong, which would be classed as friendly.If they put up another $400,000,000 they get control'.
SDL management are not trying to sell SDL but a portion of one project.
Therefore any takeover would be hostile.
Hanlong bought their parcel from a deceased estate.
It wasn't a capital raising.
It could be regarded as a blocking stake.
As they might have an opinion on the deal that it is likely to get the go ahead.
Therefore recognise what a terrific investment it is.
No evidence of anything else. And if your suggesting management might sell a controlling stake in this for $400 000 000.
Well if I were management I'd be insulted by that assertion.
Cheers EWO.
PS IMO anything less than a 3000% return from current level is foolsgold.
AS always do your own research.
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