TiT requires they don't beat their prior offer within four months, but after that, it's in their hands. That said, here they perhaps don't need to, given that anyone who took up their rights now holds more shares at 6cps cost. So, those people would be making more money out of a t/o at the same 13.5c price. (I don't speak for anyone when I say that - I'm just saying, perhaps that would be a sufficient effective bump for anyone who originally refused to sell.)
However - getting over 90% via a new offer doesn't entitle them to CA. If they made a new offer, before becoming entitled to CA they would need to not only get over 90% of the overall register, they'd also need to get at least 75% of the SOI that they didn't already own before the new offer. So effectively they'd need to get to something like 97.42% of all SOI before they could move to CA. See s661A(1)(b)(ii).
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