Lilac, yes you can its called a proportional takeover and we just had a vote last month to change the constitution regarding that exact thing, so go back and read the announcement Cranswick isn't dreaming.
It basically allows Sino to gain control of the company even though they only hold 49% if the shareholders approve, for the right price offcourse and also allows all shareholder an equal right to sell their shares.
Its all there under the ann "notice of general meeting and explanatory memorandum" 23/12/2008. Make sure you read it all then you will understand the implications of the change.
MMX Price at posting:
65.5¢ Sentiment: Buy Disclosure: Held