GB, Footsie's right, they 90% to complete any deal (aka...

GB, Footsie's right, they 90% to complete any deal (aka compulsory acquisition).

Aside from the blocking stake, which may have been a sharp move by Fishers, I certainly wouldn't take their opinion to be very meaningful, especially about contract and trust law. To my mind, Fishers are essentially a reverse indicator. If they’re buying it, I sell it.

It's possible, too, that any blocking stake can be reduced to less than 10% by the issue of more shares. The stake may not end up being that effective if management are intent on getting out.