beatties says qld will abide by fed policy, page-5

80% acceptance is requied to gain CGT rollover relief. 90% acceptance is required by pdn to invoke compulsory takeover of smm. French have a blocking stake of at least 10.4% so as to bargain with pdn. pdn has now more tham 50% of smm so now has to extend offer by a further 14 days. could be interesting few days at the negotiating table

i retained my smm as want to see how this develops further - al became a bit rushed with 27 april date so am sure others have held too given large potential cgt bills looming if accept

beattie is just pandering to the left as qld will need the extra cash for infrastructure costs and can use this for horse trading purposes - sit back and see what develops