$1.20-1.30 is the range I originally thought it would take to...

$1.20-1.30 is the range I originally thought it would take to win the bid but is a very large premium over the current fair value of the company. At this stage nothing has happened that suggests that ZFX should bid higher. It would most likely take either a resounding failure at $1 or perhaps another bidder to force their hand - if they are sold on acquiring AGM. I imagine that sirdean is not the only zfx holder that would be dismayed with $1 billion going on AGM.