AGM
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0.00% $1.60 australian governance & ethical index fund

agm stung in market punt, page-23

  1. dogalogue
    118 Posts.
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    11/02/08
    17:20
    Post #: 3341846
    No I don't know fully how hedge funds might operate. However I do understand that using your example of a potential rise in the offer to $1.10 by ZFX, then they make more money if they buy at $1.01 than $1.05. hence my original question.

    Or do they think there is a possible greater gain than what you are alluding to? BTW I don't necessarily think there will be a revised offer.

    Cheers
    AGM Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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