I think it suggests that it's 75% including them.
The bid could go higher depending on independent valuation assessing scheme price is too low. But given likelihood that company may need a heavy dilutive raise to survive would not be surprising if 2.7c gets assessed as fair.
It's hard to see anyone else making a bid given wentronic could block, so I see only way higher bid is dependent on independent valuation or an amazing minority campaign threatening to block ala RAP recently, but that was a more open register.
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I think it suggests that it's 75% including them.The bid could...
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