AGM 0.00% $1.60 australian governance & ethical index fund

surely there has to be a higher offer now , page-22

  1. 6,716 Posts.
    If people believed that, AGM would be trading below a dollar. Like Symbion has been. Like any other stock does when there is not likely to be a better offer either from another bidder or the first one.

    I think it is unlikely that the market will become bad enough for all those shares that have been traded over a dollar will be handed over to Zinifex at a loss.

    If Zinifex think that by extending, the acceptances will start to roll in, I think they are deluding themselves. Unless the rate of general market panic becomes even worse in the next few weeks than it has been in the past two months.

 
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