no you cant take the offer - NCM need something like 80% or 90% of LGL shares for them to issue their shares to LGL shareholders. and i don't LGL shareholders will go for it. not to that extent anyways.
I think you are talking about a compulsory takeover of the remaining shares in which case you need to have acquired 90% of the shares on issue to have a right to purchase the remaining 10% like it or not.
You have the right to sell or trade your shares how you see fit either on market or off its up to you.
So the way I see it I could take this offer if I chose.
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