AGM 0.00% $1.60 australian governance & ethical index fund

either way it is win win for agm, page-22

  1. 24,386 Posts.
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    Andrewe,

    "(At least if they buy on market after the bid is closed they can honestly say that they offered $1 with integrity and people didnt accept.so they wont feel bad buying at 60 or 70c.)"

    Again you are saying things that make little sense my friend.

    How long do you think the sp will stay at 60 or 70 cents, if ZFX will start buying. Especially when there aren't many sellers and, for ZFX to buy their 30% stake as they suggested, they would have to push the price up well above the $1.00 offer.

    You are a trader, and you should know that supply and demand, determine the price lol.

    Buddy
 
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