RE: SH Value6 Dec 2019 23:33
No, no, no. Waha putting their man on the board doesn't necessarily mean anything. Their previous CEO, a certain Michael Raynes - who I am sure you are familiar with - was also on the board of SDX. They've been in control for years.
I find it unlikely it's Waha etc looking to sell as if they were, why not buy up to a 30% holding?? I'm sure they could do it slowly and without pushing up the price all that much and they'd then net a greater profit in any takeover and increase the chance that said takeover would be successful due to controlling a greater number of votes.