AGM 0.00% $1.60 australian governance & ethical index fund

"(Without full control ZFX/OXR cannot use their cash to fund...

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    "(Without full control ZFX/OXR cannot use their cash to fund mine expansion. That then implies debt or a rights issue. AGM could stay small for years and ZFX/OXR might just ride it out till minority holders get bored and sell.)"

    Horse, I don't agree with what you suggested either. I know that all we are saying are speculations and just that but, I can't see ZFX/OXR sitting it out, with all that hundreds of millions of dollars sitting there and doing nothing.

    After all, they are answerable to their shareholders too, you know??

    Buddy
 
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