To my mind Sandon's interests are aligned with small...

To my mind Sandon's interests are aligned with small shareholders generally. They own heap of stock and want a good return on it. Most directors in small resource companies often own little stock and collect large fees whilst happily punting on rediculous acquisitions. Small shareholders should breath a sigh of relief that potential wastage is being stopped. Sandon may bid for the residual company after the capital return but small shareholders may benefit from some premium there also .