jkm010, i'm not sure, mate. none of us are - except ZFX...

jkm010, i'm not sure, mate. none of us are - except ZFX management, presumably. i never mentioned $1.20, just a higher price. i feel that is likely because millions of shares have gone through at more than $1 (including those bought by UBS and MQG) and they are not going to want to sell for less than what they paid. the other factor, of course, is the will of ZFX. i can't imagine they launched this bid just to walk away. i also, suspect - given it was hostile, that they weren't expecting AGM management to roll over. they've picked this fight because they wanted it - and i think they'll win (more easily due to the market downturn). again, this is just my opinion, no better or worse than any others.
good luck.
-j