"In accordance with regulation 7.11.38 of the Corporations...

"In accordance with regulation 7.11.38 of the Corporations Regulations, the Company determines that fully paid ordinary shares held as at 9.00 am (Brisbane time) on Wednesday, 24 March 2010 will be taken, for the purposes of the Extraordinary General Meeting, to be held by the persons who held them at that time."


Not sure if that means settled shares.

but they bought alot on wed the 24th like you said so even if the new board fails they MIN still need 50.1% of the votes to continue with takeover, but with mighty river and co having 20% it's a pretty big ask.