Ann: Framework Offtake Agreement with Significant Producer, page-52

Hi neuchatel - It is my opinion (and only my opinion) that you do not have to worry about the Wolves selling short.
We have all been holding shares for a number of years so it is very likely, but not impossible, for the longtermers to continue to hold until a realistic offer comes along.
I (we) could have cut our losses if (slim boy fat) had still been running the show but the new management mean business and they are in a hurry and the ambition to get things done in a very professional way.
Whether we have enough shares to turn down an offer remains to be seen.
Ask Captain what he thinks.