Burdenboy, many thanks for that. Yes, it sounds like you do have...

Burdenboy, many thanks for that. Yes, it sounds like you do have similar company law to us in the UK. i.e. with a 25% shareholding one can perhaps block things like capital reconstructions, etc., which perhaps require a 75% vote, but I am no lawyer either.

I was just thinking if this figure 75% threshold figure conveys additional benefits (whatever they are) then the MAK offer should have been constructed to offer a higher reward to BON holers as each threshold is passed. It seems like we were just offered a utterly puny increase for two thresholds being passed: 75% and 90%.

And of course I am suspicious the real goal of the 90% target is not that at all but to obtain 75%.

Many thanks again for your help in this matter.