AGM 0.00% $1.60 australian governance & ethical index fund

large volume traded today

  1. 5,227 Posts.
    lightbulb Created with Sketch. 146
    Just noticed that a significant volume of AGM changed hands today. One transaction was for 33.67M shares. All up 34.4M sold at $1:10 and 241k at $1:105.

    Assuming all the trades at $1:10 were ZFX buying, then this gives them another 4.38%.

    This will take them over 80% shareholding.

    If Jinchuan then sell to ZFX, they will have enough for cxompulsory aquisition.

    And before anyone says this thread assumes a lot - I know.

    I am just letting other HC readers know what is happening and drawing some conclusions.
 
watchlist Created with Sketch. Add AGM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.