ban non-renounceable issues?, page-33

Hi all.
I watched our big chief get interviewed on channel 2 this morn. The thing I noticed in the interview, was that he certainly didn't have a problem with a takeover offer coming in.
He wouldn't get in the way of it.
As for the treatment of the current shareholders, if everyone does'nt take up the offer, we would be next in line, so to speak. Is he in Disneyland. When you give the shares away at 1.10, who would not be taking up the offer.
This clown is certainly looking after number one.
Cheers to all.