Silver Wheaton adopts shareholder rights plan (3.54)
Company says that the purpose of the plan is to provide shareholders and the board of directors with adequate time to consider and evaluate any unsolicited take-over bid made for Silver Wheaton's common shares, provide the board of directors with adequate time to identify, develop and negotiate value-enhancing alternatives, and encourage the fair treatment of shareholders in connection with any take-over bid made for Silver Wheaton's common shares.
Now if this action catches on with the better managed evolving producers, we could see a rejuvenation of all Jr pm shares.
Now if we could just some return to the days of dividends.