What’s happening with the $1.30 proportional bid?

While the $1.30 proportional bid for 2.9% of each shareholder’s AGT shares closed on 30 January 2026, Kjerulf Ainsworth has stated that he remains a buyer of AGT shares.

Mr Ainsworth, who holds around 7.46% of AGI shares (as at 11 February 2026) and funds AGIfightback.com, said that he had increased his holding in recent weeks, including through on-market purchases.

“I believe that at $1.30, AGT shares represent good value, and I remain an on-market buyer. There will also be a further proportional takeover bid within the next six weeks,” Mr Ainsworth said.