AGM 0.00% $1.60 australian governance & ethical index fund

There are strict laws regading oppression of minority...

  1. 263 Posts.
    There are strict laws regading oppression of minority shareholders. Given Michelmores previous behaviour such as leaking a false report about whether ZFX was going to extend a few weeks ago and their dirt file claim, minority shareholders will probably be given ample opportunity to stop ZFX doing things.

    Whilst ZFX should not be underestimated in what they might do,they have learned to be much more careful after the Takeovers Panel ruled against them in the Lion case.

    19.5m shares have been recently purchased at 1.105. It is possible that Jinchuan was the purchasers as someone suggested in order to bring their stake up to 12.7% and stop ZFX watering them down to 9.9%

    AGM has a good chance to be admitted to the ASX 200 on March 15, and now that production schedule has been confirmed
    ( contrary to Andrewe's tales), a rerating of the stock may occur inspite of a world stockmarket decline.
    There are stocks still moving against the market.

    The beards were rarely given the credit they deserved TILL they proved themselves at every stage. the same is happening now.

    Reemember THR said that AGM has potential to be $10
    (3 Aveburys lodes, one Melba, one Godkin etc

    Hang on and tell your mates to hang on

 
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Currently unlisted public company.

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