According to the latest top 20 S/H list, approx 49% is held by...

According to the latest top 20 S/H list, approx 49% is held by the top 20 and the balance is by retail or others with less than 1% holding per entity/shareholder. If all the retail/ small holders plus a couple of th top 20 rejects the offer the takeover will not be not suceed and the suitor will have to make a higher offer. Let's hope we can get this outcome if another suitor does not prevail.
With all these takeovers I always wonder what's in it for the board other than the higher price. ID achieved a 10 fold increase iin the price of QGC when BG took over. For sxy a mere 30% premium. Come on ID surely we all can see the value of sxy and its worth lot more than $4.60.
...just MHO.