AGM
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0.00% $1.60 australian governance & ethical index fund

Having ZFX as a minority shareholder is a disastrous outcome....

  1. jkm010
    1,862 Posts.
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    06/03/08
    13:26
    Post #: 3436089

    Having ZFX as a minority shareholder is a disastrous outcome.

    Without this takeover the AGM SP would probably be as low as 40c. We have modelled this on the thread before. And if we are in a protracted bear market waiting to get back to $1.10 could be a very lengthy process.

    AGM holders need to sell their shares and build a bridge. OXR and ZFX shares have better growth prospects anyway.
    AGM Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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