AGM 0.00% $1.60 australian governance & ethical index fund

new substantial holder, page-41

  1. 1,051 Posts.
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    Melua.

    You are controlling 3 million shares!

    Conversely if ZFX go to $1.10 you'll lose $70000.

    It's an interesting play, personally I hope you make a few dollars if ZFX walk away.

    As you know, I am not shorting but am cashed up and would get back in in a minute. I think your new valuation that AGM is now at a 100% premium and would be trading at 50c is a bit off the mark but granted your speculation is as relevant as mine or anyone els.

    I'm a bit more conservative and think it might get back to where it was before the bid at around 65-75 and of course for that to happen ZFX has to walk away.

    Chinkiat
 
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