about to announce a 60c deal, page-37

A resolution of each relevant class of securityhol
ders to approve the scheme,
which must be passed by:
• a majority in number of those securityholder
s present and voting (in person or by proxy); and
• securityholders representing 75% of
the votes cast on the resolution,
but excluding any votes of any securityhol
ders who are “associates” of the bidder.

Merchant's votes won't be counted according to this if it gets rolled over and as far as I am concerned 75% of people would be crazy fools to accept such an offer.