I guess anything is possible that is not a violation of physics, but logically Simpson would have blocked Pedder from bod if she thought such had been in the cards, the whole idea is like her throwing in the towel
Unless HB has a strict policy of rate of return, I would figure they would hold onto some of their shares as the price is pretty much close to zero. I would bet the house they have an inkling of what is in store in case of a buyout.