Ann: GMD: Genesis declares its Offer for Dacian UNCONDITIONAL, page-18

"Could I be stuck with unsaleable shares in a private company?" (But you are not holding any share!) That is loaded gun against our head. We can still sell the shares but it will be difficult and therefore the shares become illiquid. Also the offer price is most likely to be below our expectation.

On the above basis, I have to concede the war is lost since GMD ownership has already reached 47% and it will just be a matter of days before the 50.1% is reached.

I have no choice but to reluctantly agree to swap the shares (or rather reluctantly agree to be robbed!) and will be doing it today.