I haven't looked in to this much, as I have no intention on...

I haven't looked in to this much, as I have no intention on accepting the 90c.

I think it depends what Taurus do with their offer.

There are 3 conditions of the offer, and Taurus can't claim your shares until they declare their offer unconditional (the conditions have been met).

If Taurus declare their offer unconditional then you will get the 90c, regardless of what happens after that (except if Taurus increase their bid).

I believe if Taurus don't declare their offer unconditional, then the holder will still own the shares.

This is why, as the independent directors have said, there is no point sending your form back.

Ask yourself if you think Taurus will be looking their interests or your interests first?

There are 3 possibilities as I see it
1) Taurus increase their offer
2) A 3rd party bids for the company (with a commitment from Taurus they will support the bid)
3) RRP do that 15% placement, they meet the 80% free float requirement and re-list.

Sending your form back now guarantees you 1, but (depending on what Taurus do) you may not be able to benefit if 2 or 3 happens.

We don't exactly know what's going on at present, but the media are happy to print articles and name names.

Sitting and waiting is surely the only option for the time being.