EXS
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0.00% 26.0¢ exco resources limited

exs advise sol offer inadequate take no action, page-7

  1. Timetotrade
    7,121 Posts.
    lightbulb Created with Sketch. 17
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    28/08/12
    10:17
    Post #: 10632832
    Why do you say that?

    I'm inclined to think that IVA are now waiting to see if another offer appears. If it doesn't, then they owe it to their shareholders to maximize the price they receive by selling on-market if the price is higher than 19c
    EXS Price at posting: 20.5¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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