Why would OXR do that. ZFX get no benefit other than paying a higher price for the stock. Until Jinchuan sell, it doesn't matter how many more shares ZFX has, compulsory aquisition will not occur.
As for someone buying at 1:105 and then selling back to ZFX, that does not make rational sense either. Why would ZFX compete against itself?
But I agree; the $1:105 buying is really really unusual and no one on HC has given a definiive answer on who and why, there has just been speculation.
- Forums
- ASX - By Stock
- AGM
- zinifex now with 83.59 perc of agm
zinifex now with 83.59 perc of agm, page-39
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)