if you do not accept offer, page-2

All of your answers are in the Bidders Statement.

Briefly though... If Palmary get less than 90% then CSM will still exist as a company. What the share price will be who knows? If they get more than 90% then they will compulsory acquire the company and you will be forced to sell your shares. CSM will not exist after that. I don't know what price you get for compulsory acquisition. I would think average market rate, but I don't know that.

At 68% with no other bidders and directors already selling out they should get to 90% I would think. They have extended to 1st January and that will probably mop up the remaining acceptances such as mine. Monitor the announcements on the ASX and you will see how it goes.