What is the problem with this Stock?, page-4

Don't they have to tie up 90% to make the takeover compulsory? I suppose it wouldn't matter as if they wanted to they could just take control with 50% and sell off the assets to a cover company. Either way I only get a small % of the long term expected profit.

Actually quite impressed with this company and the way they are tying in resources and future growth. It's in my Super fund so the 9% will do for the foreseeable future