Ann: EVN:Phoenix Takeover Unconditional and Offer Period Extended, page-8

They need the directors to accept. Remember the component of retail to instos in the shareholders. How much of the registry is owned by the top 20, and the directors. This is the key.
i meant games because evn in the ST will fluctuate. If SP goes down and PXG follows, then reverses, EVN will use this as leverage to highlight the offer being the support for the current PXG SP. Basically trying to convince the PXG holders that without EVN this is back to sub 10s. Then the rest becomes easy.