AGM australian governance & ethical index fund

Of course they are Priest, to decide on how soon to send in...

  1. 9,329 Posts.
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    Of course they are Priest, to decide on how soon to send in their acceptances.

    Have you whaled in over the offer price at some stage as you sound a bit desperate for Jinchuan to be some sort of white knight? Do you really think they would launch a takeover bid higher than ZFX?

    They would be tieing up a lot of capital for no effective gain - why control a company that is selling you all its supply anyway? It doesn't make sense to want to sell to themselves - where's the gain?

    Also they would have to satisfy the Foreign Investment provisions - I suspect ZFX would be more appealing to the FRB.

    Relax and settle back now.
 
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