A takeover for cash is not usually good for shareholders...

A takeover for cash is not usually good for shareholders especially for a start up like DW8. It leaves a lot of unrealized potential & capital gains tax.

The only way a takeover may be worthwhile for DW8 shareholders is to be issued shares in the other company. Potential companies to takeover DW8 are listed & pay a dividend yield of about 3%. Assuming $1 SP takeover price in future it equates to about $30k dividends per 1M DW8 shares held.

At today's price of $175k for 1M DW8 shares you could possibly have $30k in dividends + $1M shares in new company with a takeover at $1 SP.
$30k / $175k = 17.1% dividend returns in 12 months. You could sell some to invest in the next DW8.