It is important that everyone reads and understands the...

It is important that everyone reads and understands the transaction booklet. There are two distinct things that you need to make a decision on; The Scheme and the Takeover Offer. Page 4 provides a good overview of the transaction and what will result based on your voting choices. This is my understanding, but please make your own interpretations and get advice if necessary.

There are two things to make decisions on and vote accordingly;
1) The Scheme - if this is supported by majority (the 50% shareholder and 75% shares rule), then J-Power acquires all shares at 27.5c, irrespective of what you voted or whether you even voted. Doing nothing is wasting your vote as it doesn't count in the tally.
2) The Takeover Offer - This is only relevant if the scheme (outlined above) is not approved. You either vote to accept the takeover offer, or reject it by doing nothing (as mentioned by orangegummy). If 50.1% of shares have voted to accept the takeover offer, then only those who have accepted the takeover offer are paid 27c. If you did nothing, you keep your shares. It is very important to read the transaction booklet as accepting the offer limits what you will be able to do with your shares until this all wraps up.