There is no take over inplace, an offer was presented & rejected as submitted.
Just go to the ASX site to see what has been shorted.
http://www.asx.com.au/data/shortsell.txt
For the record only 5.03% on 22/8 sales were shorts. Prior to that was running in double digits (as high as 21.59% on 19/8), so the game is still being played.
Even though they (DB et al) know the race will soon be over they are still running hard to the line & happy to take your shares.
M
SDL Price at posting:
45.5¢ Sentiment: Hold Disclosure: Held