Ann: Norwest Directors Unanimously Recommend MinRes' Revised Offe, page-227

I am not selling and a very long term holder.

However, I don't understand this concern so many people have about a script offer.
MIN have a large market and are easy to sell.
If a lot of people sell the shares they get from the takeover then, yes, the price may go down from selling pressure, but it will if recover if you truly believe than MIN are getting a bargain.

I believe it is theft at this price

A script offer can be a big benefit to people who want to continue to hold MIN - at 80% of shares held by MIN you get CGT rollover = no tax payable until you sell MIN perhaps years into the future.

If you take the $$$ you are liable for tax at that time.