I have no extensive legal knowledge and have simply tried to read a few documents on it, but the understanding I've reached is that if OZL exceed 90% during this takeover period they can compulsorily acquire your shares based on the takeover offer.
https://www.moneysmart.gov.au/investing/shares/keeping-track-of-your-shares/takeovers
Ann: Becoming a substantial holder from MS, page-50
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