lets see Schlomo.... AGM was offered a 40% premium on their 6 month weighted average price.
I dont have my numbers in front of me but:
ZFX half year weighted avg must be around $16 (i just picked a mid point between the high and low)
40% on top of $16 is $22.40.
yeh, id take that 'reasonable offer'!
zfx might be $9.50 now, but lets not pretend AGM would be more than 50c if it were not for the ZFX offer.