AGM 0.00% $1.60 australian governance & ethical index fund

"(IBR board was the one that actually applied to delist with...

  1. 24,386 Posts.
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    "(IBR board was the one that actually applied to delist with reasons listed in the 2nd one above but include illiquidity and very small shareholder register (88 with 3 holding 97%). TMR is an 86% shareholder. This does not automatically merge IBR with TMR - that won't happen until TMR get 90% of all shares. They are simply no longer a publicly listed company.)"

    Seals, this is a totally different cattle of fish than what is the current situation between AGM and ZFX my friend.

    A) The board of IBR was the one that applied for deregistration.

    B) The extremely small amount of shareholders involved.

    C) The illiquidity problem, and so on.

    I will still hold, until Junchian will decide to sell. What have we got to loose????

    Very little my friend because, while the AGM shares are valued at a guaranteed minimum of 110 cents, the rest of the market is battling a tough war out there to keep afloat.

    By the way Seals, someone is still buying shares at 110.5 cents. WHY ???????????

    Buddy
 
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