... and also, as I am reading this is a scheme of arrangement not takeover and as such it is all or nothing - hence it is not going to be a case Mr Elliot waiting to see who accepts and pays them peanuts and then pay the rest a bit more.
In other words he will be risking losing it altogether if his is not sensible about it as it is unlikely he get 90% + and then buy out the rest through compulsory TO ... he isn't going to risk it as he is desperate and he knows SHs are going to be kinder to sensible bidders than those who think we are dead and want to feed on our caracas ... "tell him his is dearmin"
... and also, as I am reading this is a scheme of arrangement...
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