jp morgan announce take over target, page-13

""In fact, a Chinese party could put a A$1.3 billion offer on the table and have a decent chance of succeeding in my view," Sujit Dey, executive director Australian equities specialist sales, said in a note."

Who here would agree to selling their shares for 50c? I certainly wouldn't, and I'm assuming Hanlong probably wouldn't either considering they paid 44c to get in. Surely Hanlong didn't invest in SDL for a 10% gain. What percentage of the shares does the entity taking over need get to compulsorarily acquire the remaining shares? Is it 90%?