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"KOO - "not less than 90%" wasn't really the point I was making. "shares not already held by the offeror" was the point. Yours had said, "90% approval of shareholders" which would be all RVX shares including HL and EC rather than just the shares excluding HL and EC. Your example showed it correctly though, just the preceding statements wasn't quite accurate."

RVXOT...I read your comment on the move. Sorry about that.
What your saying is that the first paragraph should have read..."The offeror requires not less than 90% of the shares not already held by the offeror."

However, my first paragraph was pointing out to Telepanel, as a general statement, that the offerer requires 90% approval of shareholders in according to the Corporations Act and not 2/3.

Anyways we can hypothesize until the cows come home, but that's all it is. What we need is some good news to get back on track — still hoping that FDA sees some merit in BOM and for MoCA and eGFR to show some promise to take us to the next level. 

Koo

 

 

 

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