what if tlw get 50 but less than 90, page-5

618,

As I understand the takeover terms all Tullow need is 75% of the votes(inperson & proxy) cast on that day in December. How much of the total shares in issue are held in nominee accounts? Because some of these will leave it the The Banks to vote by proxy. So we could end up with a situation where 60% of the total shares in issue are cast on the day of which Tullow may have 40% already in their pocket before the meeting starts so they just need 5% to carry the day. Eventually the outstanding shares will be compulsory purchased at a later date I believe. That or something similar is the best case senario I can come up with for Tullow