It doesn't read like that at all as you have stated so many times, good try but:
My understanding is that Gridcomm has 94% shareholder approval for the sale agreement to acquire them via a SSA . The board "Odin" on the information above has voted to proceed to completion on this basis. The completion part is the additional ASX regulatory rules and Odin Share holder approval. Now the 90% Singapore corporate takeover rule was the "completion on that basis". The other 6% have really no say but I feel Odin will kindly give them the legally knowledge within 90% rule, which means there is the door. There is no playing hardball with this 6% and the confusion really needed to just leave this information out, just confused everyone in my view. The deal isn't completed as I mentioned before subject to us the Odin shareholders approval and the ASX relisting requirements.......I would say the deal is 90% done, lol
The consolidation is another debate all together...
ODN Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held