AGM 0.00% $1.60 australian governance & ethical index fund

Buddy,"As for ZFX pulling the bid, my understanding is that if...

  1. 239 Posts.
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    Buddy,

    "As for ZFX pulling the bid, my understanding is that if they do, they will have to wait for another six months before they can lodge another one, unless of course they are prepared to increase the current bid"

    I believe it to be a compulsory 4 month wait for a lower offer or at any time after dropping for an equal or higher offer. I checked this with the AGM hotline during t/o battle.

    On another note, it seems production/first shipment is not as close as we'd hoped. If I remember rightly a previous ann suggested first shipment of concentrate in September now it's "production and ramp up to full capacity across the september quarter".

    Cheers

    $eeker


 
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