It appears unlikely that SOL will exercise a blocking state or...

It appears unlikely that SOL will exercise a blocking state or make a higher offer as they are already complicit in this deal.

They have already entered into a shareholders management agreement with C D Capital before the agreement is accepted by shareholders.

Agreements are already in place for funds to be loaned to the business by CD Capital.

It appears that SOL does not want to fund the development in full and is happy to bring in another player.

Shareholders approval will be needed , but the directors do not give any clues as to the percentage approval required.

Also not clear to me if SOL can vote on this scheme.