Can anyone explain how and/or if the shareholder's rights agreement might protect the shareholders from a takeover at for instance $0.80/share ?

 

http://www.sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo=00026672&fileName=/csfsprod/data131/filings/01914201/00000001/p%3A%5CClients%5C1-Sedar%5CWestern_Potash%5CSherRightsPlan%5CWestern_ShareholderRightsFinal.pdf

TIA