Is the 'scale back' of the unlisted entity alternative (given...

Is the 'scale back' of the unlisted entity alternative (given Tartak's and Malouf's extensive percentage BIN holdings, and their intention to take up this not the cash offer) a concern?

I would like to avoid the cash offer of A$3.45 as much as possible as I perceive that this sector will grow over time, and would like to hold a tiny part of that growth opportunity, rather than being 'scaled back'.

Nonetheless, it's a win either way, so great. Never look a gift horse...

If BINGO shareholders holding, in aggregate, more than 40% of the total issued capital of BINGO elect to receive the Mixed Cash and Unlisted Scrip Alternative, ascale back mechanism will apply on a pro rata basis and the relevant BINGO shareholders will receive the Cash Consideration for the remainder of their shares.