AGM australian governance & ethical index fund
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levy

  1. cricket123
    294 Posts.
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    18/05/07
    20:47
    Post #: 2462712
    -This is nothing but a fantasy but- Intec which owns the Hellyer mill has a market cap. of 98m, they also own 24% of BSM, if say AGM made a take- over play for Intec (AGM 78M cash in bank), they would gain control of the mill plus Intec's new technology plus 24% of BSM plus they would be able to mill Melba as the rail goes right by both mill and deposit plus they would be able to gain a controling interest in BSM by gaining 27% more shares in the company. To pull this of they would have to free up a very experienced executive... ??? no doubt this is just a fantasy!
    AGM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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