AGM australian governance & ethical index fund

300 million bid at one dollar, page-5

  1. 5,391 Posts.
    Folks... the idea is that when the offer fails and it will fail...the Zinifex buy order at $1.00 will absorb some of the drop OR i suspect the order will be taken away and THEY WILL WAIT FOR THE3 SELLERS TO APPEAR somewhere below $1.00 then Zinifex will start to buy up to $1.00



    ive seen this b4 where some companies wanting to take over another put a standing order in market such as the order at $1.00

    going to be an interesting day following the final day 8 Feb....ive sold out of my at $1.06 last week so now waiting to see what happens
 
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