The ZFX holders will try to convince you that if the bid is pulled that the AGM sp will go down.
Yes I agree it will go down but where it will stop or how low is anyones guess....however remember Qantas!!!
The sp declined a little but then miraculously went back to where it was.....so wouldn't this teach ZFX a lesson if the same happened to AGM ( down to say mid 80's then back to around $1....there will be LOL).
The sp of ZFX will surely take a severe beating...because Mr Nickelmore's plans had failed miserably!!!!
So if AGM will not be sold for anything greater than $1.29 then I pray for ZFX to walk away....because if they aquire AGM for a MEASELY $1......repeat MEASELY $1.....then the AGM board and Jinchuan have truely failed us.
AGM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held