Ann: Change in substantial holding, page-20

this is simple.
If they dont get the 80 or 90% required for compulsory acquisition ?? then they can remain a major holder, and probably have the right to put 1 director on board, that still cant out vote the others.?

In any case, its down to those who hold the minority of a blocking stake, to give the middle finger.
The bet i would see, they would still need MLM jetty access solution. And they can come back and make a real premium offer for it, after they have sucked in those accepting the discount.

BET. Two separate offers. This shit one, and another in 6 months or so to come back begging for the access to MLM own loading solution.

You hold the cards that DRX need. Dont give it away cheaply IMO.
Just dig in for the next 6 months and see if they come groveling back with a superior offer.
Thats what i would do, but im not a holder. (my ops toasted)