horsetrader 1
oxr directors can terminate the scheme if they receive a competing proposal for oxr which they regard as better then the current proposed scheme and the company making the takeover offer does not have to have 50% of oxr by the time the zfx vote is taken - see 14.7 page 177 of the scheme documents. i believe any competing proposal would have to be received and recommended before the 2nd court hearing 20 june.
zfx directors can do the same thing if there is a better offer for zfx.
OXR
oxiana limited
