few more cents?, page-13

share investing 101.

toho want to buy your shares at 24c.

you can either

a. accept the offer at 24c and agree to sell your cbh shares to toho
b. not accept the offer and choose to keep your shares in cbh.

if 90% of people accept the offer it succeeds. if 90% do not accept the offer it fails and you keep your shares anyway

if the offer succeeds and the 90% condition is satisfied, then you have no choice anymore and toho will compulsorily acquire your shares at 24c.

Basically, unless they remove the 90% condition, then everyone must accept or the thing falls over and everyone keeps their cbh shares.

it is all there in very plain english.....