ISF 0.00% 17.0¢ isoft group limited

article in the afr, page-6

  1. 357 Posts.
    75% of votes by number of votes cast, and 50% of shareholders voting.

    ie. if there is a massive retail vote against the deal, then it cannot be carried by instos alone.

    This deal will not be voted down unless a better deal emerges from a third party (which i find unlikely). The alternative is unpalatable.

    The arb is attractive at 15 cents.
 
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