AGM 0.00% $1.60 australian governance & ethical index fund

PRICE DOES NOT ALWAYS EQUAL VALUE ......clearly true...because...

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    PRICE DOES NOT ALWAYS EQUAL VALUE ......

    clearly true...because AGM is $1.04 and without the offer being made they would be 40-50c.
    why would zfx want to pay more than its worth?

    there offer is fair and reasonable and your directors have given you nothing to justify a higher price.
    if you go to TZN website you will see a raft of broker reports that value TZN at between $4-$5.50 yet it trades at $2.65 today.
    Go to the AGM website and you see a company trading at the price that brokers targeted as its value 60-80c.
    They dont even have a broker report that says hey this is worth $1.50....not one...not even one they commissioned.

    cheers
 
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