the idea for hedgefunds would be to try and get 10% or more as a group to stop zfx from gaining complete control i assume. this way they can bargain up their price. but what they havent yet calculated is if zfx stop at 70 or 80% and just leave it. this is where the JBM issue occurs. WHy pay everyone an extra 10% just cos a few hedgies want some profit? they are speculators and may get burnt in this market. i find the whole thing fascinating.
cheers
AGM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held