I have a question, Buddy134 Why someone want to buy at 2mill shares from Macquarie at $1.11, but in fact they can buy through market at $1.105. So my thoery is that some company is under the control of ZFX bought the lot. That also implicated that the majority of the sellers at ASX for $1.105 are also under the control of ZFX. You are right, by law, they can not sell while under the proceeding take over bid, the ASIC can not stop somebody else to but at $1.10 and sell at $1.105 throught ASX.
Also, maybe that there are much more shares issued by AGM in the past due to those options issued. That means ZFX did not get exactly the 83.59%.
I agree with you to hold my stock to see what will happen. We have more to get more than just $1.10.
Also, for the taxation purpose, after this financial year to sell would delay the tax implication to year 2009.
Good work, I enjoy read your post. Thanks!
AGM Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
