It may be that 25% of votes would be needed. This because...

It may be that 25% of votes would be needed. This because Latitude is presented
to be target even though they would get more than 70% of shares and
https://content.allens.com.au/the-allens-handbook-on-takeovers-in-australia/shareholding-thresholds/

In think there are more people than this in Hotcopper and capable of checking the details.

Furthermore Capricorn, which is said to vote for the takeover with 10 %(?)
and Capricorn CEO maybe considered as related parties due to power
of Latitude board member Russell Delroy in Capricorn?
Was it so that "Rusty" Delroy hanged Capricorn board and CEO 2019?
According to Allens document above related parties are not allowed to vote.

It is also right that Carnaby CNB could make a superior offer for DCX shares,
for example 10 fold what would be theoretic value of company after
the merger (30 million, if 20 cents would hold).
There is no point for CNB to buy Latitude´s speculative projects