"The simple fact is that all shareholders own KIN, rather than...

"The simple fact is that all shareholders own KIN, rather than one or two shareholders who apparently have told the board they won't accept the bid."

You only have to go back to the days of Holmes a Court , Ron Brierly , John Elliott , etc., etc., to realize that it is only the intentions of the major holder that can decide your destiny with listed companies .

That said you better hope that the major shareholder's intentions for the company are aligned with yours .
Just sayin .......
My opinion only.