RE: RE: RE: RE: Bought in I don't know why WFE is holding at $4.
Given that Sprott seems to control 35% of WFE's votes (about half of which are only voting under certain circumstances), then Sprott has blocking power - ie can prevent any hostil bid from achieving 66%.
Knowing this, why would anyone else bother to make an alternative offer...............when Sprott can just block it.
Holding a share price down is typical of a pending takeover................but it seems a wfe takeover is pretty well impossible given Sprotts block.
I don't have a theory.................I dont get it.