You are dreaming if you think the $0.35 compensation payment...

You are dreaming if you think the $0.35 compensation payment will not be paid to those who accepted the $1.35 takeover offer!

That was a loud and clear message from the Takeovers Panel.

You don't think the regulators won't take them to the cleaners if they don't comply with the undertakings they agreed to?

They have no right to use Realm's money to pay the $1 per share, part of the initial, and then final, offer.