EXS 0.00% 26.0¢ exco resources limited

time for offer by ivanhoe or other by 9 june, page-4

  1. 2,474 Posts.
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    I was happy to buy more today (and some GBZ).

    While it would be cleaner for a different company to make a move before the 9th, the sale is still subject to agreement of the directors in addition to the shareholder vote being positive.

    Therefore it is not over until the fat lady sings and title is transferred ...so the 9th isn't a time limit as the directors only need to change their mind.

    In any case, I don't want to miss the vote or any possible action from a third party. As this scenario was directly mentioned as a possibility by Michael Anderson during the last presentation I consider it a genuine prospect.

    Good luck holders.

 
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