RE:RE:RE:RE:RE:16 million on the close, 25+ million volume@ruffus, If it is a takeover, it will be a kick in the b#lls for existing shareholders.
But, it is entirely possible that somebody has been keeping a lid on the share price of a few junior golds like EDV. That somebody can be a Gold Major in the area accumulating a meaningful stake before coming in with a hostile take over bid.
It will be a shocker, but that is the bitter reality of the market !!. Big Fish always eats the small fish..