RE: Far from a done dealXeris. Please excuse me if I don't get some of your reasoning. In my view a hostile takeover would be peace of cake if the offer is materially better than SXRs. Such a takeover MIGHT be hostile insofar as EMC upper echelon is concerned but the 95% of the rest of us would regard it as friendly, wouldn't we? And the math then suggests that the so-called hostile takeover would succeed.
As well, your suggestion that the degradation in the share price of EMC shares demonstrates that the deal is a poor deal is highly problematic. If you were right, you would expect SXR's share price to go up because it would be getting the converse, a great deal. In this regard, you will also notice, if you haven't yet looked for this, that the share prices of most uranium companies have suffered severe haircuts in the last couple of days. So, I don't think that the violent market reaction is completely SXR/takeover of EMC specific. If there is anything to your logic, it would have to be that the market things that SXR paid too much for our company.
As to EMC's price before the takeover being about the same as it is now and it then having blue sky prospects, I would say two things. First, I think that share price had built into it an expectation that EMC would be a target of a takeover. And second is the point that I have repeated many times: if EMC is worth materially more than SXR is willing to pay for it, we WILL get a better offer. Your post suggests that you think that other companies are "probably" examining a potential bid. I do hope that your right but only if a bid is actually forthcoming and materially higher that SXR's bid. Of course, if its a stock deal, I would want to be confident that the company is as qualitative as SXR which is a pretty good company.