You might have done a half decent job there Andrewe, thanks for the insight.
It my be worth selling some of my holdings, with the expectation that Zinifex will pull the bid, the AGM stock price will "plummet",as you ZFX holders have lead us to believe, and I can increse my holdings by buying in at the lower price.
Another scenario is Zinifex increase the bid ever so slightly to $1.10, as others have suggested. Still not in the "ball park" as far as I am concerned, and will not be selling.
Interesting to note RIO's refusal of the BHP's recent increased bid. Perhaps "blue sky" does have some validity to it and the worth of a stock cannot be totally attributable to an accountant's pen stroke.
Again, thanks for the insight.
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