AGM australian governance & ethical index fund
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Doing the numbers:ZFX current 64%Jinchuan 12%MQG 5%Balance to...

  1. Horsetrader1
    5,227 Posts.
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    26/03/08
    16:09
    Post #: 3508474
    Doing the numbers:

    ZFX current 64%
    Jinchuan 12%
    MQG 5%

    Balance to purchase 19%
    Assume 1/2 will not sell
    Best ZFX can get to will be 73.5%

    They will then need to convince the two big holders to fold, then they can compulsorily acquire.

    I bet those negotiations are already taking place
    AGM Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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