Yes, I believe you are correct:
The quote from the booklet:
"Assuming the Amending Resolution is approved, Shareholders will then be invited to vote by poll for approval of the amended Scheme"clearly implies " If the first resolution does not pass then it is done and dusted, game over." as you wrote.
But is not 100% certain.
It would be so much better if they had laid out in plain English, the various what-if scenarios and answers
Assuming the above is all correct, it is very hard to see why anyone would vote no for Resolution 1, nothing to lose, and everything to gain by being able to go on and vote as you wish for resolution 2.
Any different opinions are very welcome, I'm far from expert on this
My Analysis: No synergy value in valuation, page-193
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #