Not so fast... Looking at the last annual report it appears that...

Not so fast... Looking at the last annual report it appears that Mums & Dads may own well over 10% of the shares on issue.

There are a few individual holders in the Top 20 alone that hold over 3% of the shares and almost 4% of all shares owned are in parcels of less than 100,000 shares.

So very likely there are enough retail holders to get to 10%.

Once we get to 10% (and we hold fast and don't sell out) our shares can't be compulsorily acquired. Not unless MIN commences Court proceedings and can convince the Court as to why it should order the compulsory acquisition.

Have another look at section 661A of the Corps Act

I'm sure that a number of law firms would happily put their hand up to represent small holders if this goes to Court.

There's no guarantee of success but it's not a foregone conclusion that our shares will be stolen from us for a lowball price. Not if greater than 10% vote no to the deal.