AGM australian governance & ethical index fund

that announcement is just compelling and it tells me that Melua...

  1. 5,233 Posts.
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    that announcement is just compelling and it tells me that Melua is right.
    they will pull the bid on the 8th Feb. so if the 'beards' havent got you a second offer by then its back to 50c imo.

    if i was a second bidder i wouldnt try and compete now anyway. i would wait til this bid flops and then come in with a scrip/cash offer.
    if i understand correctly then after zfx withdraw the offer they cant bid again for 6 months????
    a new suitor would be free to offer scrip and cash that appears to be slightly more than $1 but is less appealing than all cash.
    zfx are keen to get on with their aquisitions so they will drop this one like a hot potato on feb the 8th if not accepted.

    cheers andrewe
 
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