Here are the Removal Rules:
http://www.asxgroup.com.au/media/PDFs/Chapter17.pdf
There is nothing in the Guidance Notes for how these Rules are applied:
http://www.asxgroup.com.au/asx-listing-rules-guidance-notes-and-waivers.htm
You can call ASX and ask general questions. I doubt that an application to delist would succeed when most Aust shareholders are bitterly opposed to this takeover.
It would be a good idea for you all to meet and discuss, as somebody suggested.
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