The point is arming MSP management with enough support to defend...

The point is arming MSP management with enough support to defend themselves against FFT.

That announcement reads as though this takeover is "friendly". It's not imo. I see "hostility" - simply because FFT needs MSP more than MSP needs FFT.

If I'm wrong, then this exercise takes a "friendly" takeover off the table.

Need to secure 25% of the votes. To ensure they don't take this down the Scheme of Arrangement path and seek court approval for the merger via the Takeovers Panel.

With 25% of the votes V8 - we show both companies this exercise is not worth the cost that needs to be incurred to pull it off.

If FFT want to use BQT tech and AVA business model - they can pay us at arms length like everyone else.