holders so lucky

It will be hard to stomach but Melua was right on the DOW and where AGM would have been had there not been a takeover. Without ZFX AGM would be where now - 50c? Mayby less. THe good and the bad shares have all been massacared.

Now the second bit of luck was the timing. If the bid came now and the shares were 50c or 45c, how keen with the rest of the portfolio being slaughtered, would holders be to sell? 100% return when everything else is getting killed good enough.

Of course if your really believed in AGM's long term potential you could ignore the short term fear and panic, however, many would not.

Very lucky timing for AGM holders.