Andrewe - if SMY, in your opinion, is a "better" company from an earnings perspective, then why doesn't ZFX just buy them at market prices??
Currently SMY has a market cap of approximately $736 Million, AGM in contrast has a current market cap of $769 Million. By your rationale, SMY being a more desirable and profitable operation would be where ZFX should go correct?
Or are you missing something that the ZFX board aren't - that AGM is worth FAR MORE than SMY and as such, AGM is a more desirable investment?
Just calling it as I see it.
AGM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
