I believe a no vote online is a no vote for the current proposal and any amended proposal. It would be a bit silly of STO to up the offer on the day if the proxy votes are going to stay as no's. If x% of shareholders show up to the meeting who were voting no and the offer gets upped it would be easy for them to change their vote to a yes. In my mind it is a case of see how many are voting no and attending, see what they'd accept and if it's close on the day...
Just my thoughts and no idea what the real answer is.
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well ,well,well they still calling, page-21
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