Ann: Results of Scheme Meeting, page-27

Hi 2ic, I think a scheme may be dead unless MIN indicate an acceptable price, just too much risk MIN votes it down along with a few that want a price over $1.

So if TLEA is wanting to stay in the game I would think they need to change offer price and also move to either an on market or off market takeover. Under this situation they can aquire as many as are available with no 20% restriction up to their offer price and of course MIN can't buy too many more without making an offer.

From MIN perspective if they don't make an offer they risk that TLEA can just quietly buy on market till 4.99% and then buy up big like MIN did using the 5 days to give notice, Zero to 19.5% before they reported. Again MIN can't buy too many more without an offer

So we wait, maybe next week more of the puzzle will get answered once break fee no longer applicable to parties. Hopefully MIN makes it's attentions known at least.