Opinions about ALB Scheme of Arrangement, page-235

Agree, but only if one has opportunity to retain some shares.
If LTR ‘goes mining’ and mkt price reaches $10 or the like ..... all good
but if gets to $10 with ‘some sort of takeover / sellout’ in the offing, it may not be possible to retain any shares.
If its a ‘classical’ cash or script-script offer .... yes one can possibly stay as a minority shareholder, accepting/selling part of ones holding,
BUT if its one of these ‘Scheme of Arrangement’ deals (usually for cash) which seem be popular these days, it’s a ALL or NOTHING with no ability to stay around as shareholder if deal gets the required approval.
So unfortunately an SOA type deal gives one no choice of timing and how much you exit ... with possibly ‘quite nasty’ cgt / tax & possibly other financial consequences depending upon ones personal circumstances.
Personally I dont look forward to SOA type deals for these reasons.