AGM 1.50% $1.97 australian governance & ethical index fund

do zfx posters know better

  1. jdg
    237 Posts.
    of the 58 AGM posts that make it on to my screen, 11 belong to Andrewe and 12 belong to melua; by far (each have posted more than twice as much as the next poster) the most prolific individual posters. both think ZFX management are insane bidding for AGM at $1 - let alone a higher price. two points: firstly, Andrewe and Melua, given your gripe seems to be the price being paid for AGM, shouldn't you be on the ZFX forum? it make more sense to debate this with your own people, not AGMs. secondly, your current position seems at odds with the financial minds at UBS and Macqaurie (and, of course, ZFX management). by repeating the same points over and over (and over and over) again, it doesn't make them any more (or less) valid. it seems to me that the market (UBS & MQG inclusive) see a higher bid coming, yet andrewe and melua are dead-set they know better. who knows, maybe they do? but even the gods must being getting sick of hearing about it.
    for my money, a higher bid is coming. i also think it will be successful.
    good luck to holders.
    -j

 
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