Perhaps management aren’t as stupid/lazy as we think. They must...

Perhaps management aren’t as stupid/lazy as we think. They must realise that there is very little chance that 75% of shareholders will approve this deal.

They’ve successfully bumped our share price up by 40% over night. That’s hardly a bad thing.

This may spark a bidding war that will see a takeover price most people are happy with, or it may just end up as a temporary distraction in our path to production. Time will tell.