Hi Jake, Yes, what you have described above is all well...

Hi Jake, Yes, what you have described above is all well understood (and in fact I stated earlier they can purchase under creep provisions)
The issue I am trying to get clarity on is the notion that Todd have to wait 6 months after expired offer to make another so they don't have to worry about extending that offer to holders who accepted previous offer. This has been mentioned a fair few times (going back a bit) and it appears a few are thinking that another offer will be made. (Your point 2 about "near term" is probably more correct rather than the oft repeated 6 months)
I know I keep repeating myself but the issue keeps getting muddled with other provisions in the law and I actually think that has happened and created it's own myth (may well be wrong here).
I repeat I am just trying to get to the bottom of what the law is - am always trying to learn facts as I am usually sceptical of what is posted on these forums.
I am not trying to suggest Todd will do one thing or another - just trying to learn for my own amusement.............