They don't have to sell it down, they can just pick a price, now...

They don't have to sell it down, they can just pick a price, now they locked in the 6c determination, those who do not respond could be sold for anything. There is no need to sell the share down now they have it.

"
The price you receive may be different
from the price appearing in the newspaper or quoted by
the ASX on any day, and may not be
the best price on the day that your shares are sold a
nd may be an average price per share based
on the price obtained for all of the shares sold unde
r the Facility. If Citigold directors sell your
shares other than on market, the price will be the pr
ice that the Citigold directors have been able
to negotiate with the acquirer or acquirers.
3.
When will the proceeds from the sale of shares be sent
to me"