Well this last-minute brinksmanship I find a bit annoying. AGM...

Well this last-minute brinksmanship I find a bit annoying. AGM has traded above the offer consistently since it was announced. And generally by more than 2 cents. In almost every other takeover, if this is happening, it is a pretty clear sign to everybody looking at the situation, that the bid will have to be increased. I dunno if Zinifex hope to re-invent the wheel or overturn the pattern of hundreds of other takeovers, or maybe they think the bear market will do their work for them, but the strong finish today is an indication that that expectation is mistaken.

There's plenty of other situations I could be wasting more time looking at. Zinifex should stop wasting our time and increase to $1.10 . And consider themselves LUCKY that they didnt have to pay $1.30 or more.