This offer at 0.80 cents is clearly an insult to affinity...

This offer at 0.80 cents is clearly an insult to affinity education shareholders .... the company is dirty cheap at such price and the offer is a bit ironic ... since almost nobody was lucky enough to buy shares under 0.80 cents ( I mean investors not traders ...)

regarding asx delisting rules ... g8 education must buy the shares at the offer price ( 0.80 for now) to delist AFJ shares ( the offer price) so no rush ... better to do nothing...
"The terms for the compulsory acquisition must be the same as the terms under the takeover bid"

below few docs to read, I hope it will help.

asx rules
http://uk.practicallaw.com/0-501-4520#a66237

delisting rules
http://www.ibanet.org/Document/Default.aspx?DocumentUid=EE590FA4-5DFC-4A32-BCE8-1EEE56857DEF