The updated Independemt Experts report will be released...

The updated Independemt Experts report will be released regardless of the level of holding T2 have.
The offer is $1.35, take it or leave it. The value given in the report will have no bearing on what price accepting shareholders will receive. It will still be $1.35, even if the independent expert valuation is higher than the previous one ($1.62-$1.92).

There won't be any further extensions to the takeover offer, it ends on August 3. It only got extended for a month because the Takeovers Panel ordered it.

Under the Orders made by the Panel any shareholder who does not accept this bid is still guaranteed to get atleast $1.35 per share should T2 launch a new bid before 31/12/18.

The Independent Expert report will also carry a recommendation from the independent board members of RRP.
Based on the previously advised timeline it should be released either later this week, or some time next week.

Today's announcement simply stated they will pay out accepting holders out within 14 days (only for the $1 per share part) instead of 1 month. They also confirmed they had gained acceptances for an additional 1% of the shares. They want you to believe they are doing you a significant favour.

Taurus want 100% of RRP, they want it as soon as possible, and they want to pay as little as possible for it.

They want you to believe it will be very simple for them to acquire your shares if they acquire 90% ownership of the shares, even if you aren't accepting with yours.

It's easier said than done. T2 and Gordon Galt don't have a good track record with Regulators in recent times.