ask yourself how many holders would find a "no ASX listing of the merged company" inconvenient enough to be a deciding factor for participating in either scheme, and if that could be used to influence a change of ownership of their stock at whatever buyout price, funds and facilities for which have been set aside for the purpose.
Just one of the answers that will come on Oct 4 and probably a subject of the merger application to the Courts.
ifandwhen
PIH Price at posting:
$4.61 Sentiment: Hold Disclosure: Held