"BOD have 100% committed to supporting the offer regardless of outcomes" – actually, no. The deed is quite specific. If the expert's opinion is that the offer is not in the best interests of shareholders then the board is released from their commitment to support the offer. Clause 7b is full of phrases like "subject to the Independent Expert opining at all times prior to the Second Court Date that the Scheme is in the best interests of ResApp Shareholders" against the board's requirement to support the offer. And 7c makes it explicitly clear that the independent expert's adverse opinion cancels the board's commitment to support the offer:
RAP Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
