AGM australian governance & ethical index fund

offer extend to 22 feb 08, page-7

  1. 9,329 Posts.
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    Hmm. I don't think I'm alone in thinking this is a bit tedious - further wait and no change to price. I was hoping for the bid to be pulled - in fact I was confident so was wrong there.

    What could be strategic value for ZFX here? Would they be hoping to expose AGM shareholders to continuing absence of alternative offer? (eg bore people out of their holdings??) Perhaps making sure that if there was an alternative bidder they don't catch ZFX on the hop between allowed takeover bids?

 
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