AGM 0.00% $1.60 australian governance & ethical index fund

no independent valuation in target statement, page-11

  1. 14,880 Posts.
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    Of course it's too low. That's why they will up it to around $1.20. Even that's too low, but at $1.20 they will probably get it. Sad but true. Market is paying a small premium on $1.00. That tells you the market thinks a fair price is a "bit more". If $1.50 was a possibility, the market would be prepared to pay $1.25. It's not.
 
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Currently unlisted public company.

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