nothing stopping them closing the offer with less than 90%. then...

nothing stopping them closing the offer with less than 90%. then proceeding to a capital raising immediately after which they underwrite to get to greater than 90% nothign stopping them at all. not going to be a better offer when they have control of the board now, greater than 75% acceptance. board recommended it (only sensible decision they have made since they have been on board) and independent expert has recommended it. LOL