45 shareholders for 3.7% means an average of 0.08% of Bullzeye each.
I'm guessing there are around 70 shareholders not yet "in", accounting for 18.2% of bullzeye is 0.26% on average per shareholder. Suggests some of the bigger Share holders are either leaving it tight, can't figure out how to accept, or are not going to.
I'm actually surprised at the 3.7% figure, expected it to be more with 4 working days (UK/Ireland time) to go after that announcement.
I'll still be surprised if it doesn't make 90%, perhaps a big push over the weekend when people have more time.
Ann: Sixth Supplementary Bidder's Statement, page-4
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