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Logically I can't see what Michelmore is trying to do. As I have...

  1. chinkiat
    1,050 Posts.
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    21/02/08
    16:22
    Post #: 3380636
    Logically I can't see what Michelmore is trying to do. As I have said on a few occasions, he has failed badly so far. This I measure by his stated aim of grabbing 30% and his actual result which is 5% in dispute.

    As I posted yesterday, he must be punting (should leave that to the beards)on another significant market fall in order to get people dumping for $1.

    AGM just closed at $1.07. That is a significant rise today for those punting on the higher offer.

    Any other explanations for his tactics I would love to hear.

    Chinkiat
    ZFX Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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