I thought the 60% minimum was waived at the end of Nov when it...

I thought the 60% minimum was waived at the end of Nov when it went unconditional? This would eliminate any further dilution.

Article:
Date - November 28.
Title - Gold One International: A$0.55 cash offer by Chinese consortium now unconditional

http://www.proactiveinvestors.com.au/companies/news/22619/gold-one-international-a055-cash-offer-by-chinese-consortium-now-unconditional-22619.html

Third paragraph:

"it has freed the offer from all defeating conditions that had not been fulfilled, including a waiver of the condition that the consortium obtain a minimum 60% interest in Gold One on a fully diluted basis"