AGM 0.00% $1.60 australian governance & ethical index fund

is agm on schedule, page-25

  1. 5,233 Posts.
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    Nova star
    if you are offered $500,000 unsolicited for your home that was bought 1 month ago for $350,000 then you dont say thats a fair offer for two reasons.
    1. The bidder will think they paid too much.
    2. The seller thinks they can get $600,000 from this guy.

    However in the absence of the offer its really $350,000.
    Then if you find out that while you were arguing for $600,000 that comparable houses were sold for $250,000 then you may wish in hindsight you hadnt been so greedy.

    If you get the $600k then you will be eccstatic.

    Good luck to you re getting $1.40 it wont be from zfx imo. I dont know if anyone else wants to pay way over the top in cash for AGM either.
    Get the independent report....what does it say 60-80c prior to the bid and $1 in light of it.
    AGm has no defense imo and the majors who know what they are doing and work on facts not blue sky...wont see their investment go back to $.60c
    So zfx is likely to end up with a reasonable percentage at $1 to $1.20 max.
    even though i think $1 is fair.

    cheers
 
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