melua,
Yes it was very odd decision to up the bid. I recall discussing this with a mate saying if no takers at 90c then abandon ship on the bid.
If ZFX had waited 6 months they might have never bid AGM
as it (AGM) would have been under 40c and falling and ZFX had said "Lets just keep the cash"
Recall the AGM bulls thinking AGM was worth $3+, now they would be lucky to get 5c/share.
Cheers
Muzz
suspend avebury ops, page-21
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