Will you Accept?, page-3

If the scheme is approved then your shares are taken whether you want to accept the offer or not.

A financial commentator (Terry McCrann I think) said years ago that this form of takeover should be abolished as it is contrary to the takeover laws which required a predator to obtain 90% or more of a company to move to compulsory acquisition whereas a Scheme of Arrangement only requires 75% of voting shareholders to vote in favour of it for the compulsory acquisition to be binding on ALL shareholders of the target company.

I have voted against the Scheme. If it does get voted down the current board should walk the plank and a new board be put in place.