update, page-17

Noellyn and Rule 1110, Forgive me please, I did read Rules Question wrong.
As Fonzie would say "I was wwwrrrroooonnnnggg.

I will now have a stab at your question.
Using another company in a similar position as EXS.

WPG Resourses. On the 19/08/2011 it was trading at 88.5 cents and on the a 22/08/11 it put out an Ann that it had sold its Iron ore Assets to One Steel for $346 mil and declared what we now know is a $1.05 dividend/Cap return.
Being 63 cent Fully Franked Div and a 42 cent Cap Rtd.

On the 22/08/11 the price surged to $1.25 down to $1.075 and closed at $1.13 (I bought in at $1.14).
It then moved up and down on its way up to a high of $1.30 and closed at $1.29 today. It goes Ex Div on Monday.

On the 19/04/11 Exs closed at 62 cents. The 20/04/11 Exs Ann it was selling the CCP to Xstrata for $175 mil. The price surged to 77 cents and closed at 68.5 cents.
Exs price has moved up and down since but now seems to have broken out. With the next Ann imminent the price and Volume has found legs.
So I will speculate that Exs is on it's way to 77-78 cents by its Unknown Ex-div Date.

Now thats a Stab at the Unknown. My dream is 95 cents.

Again Noellyn and Rule I apologise at answering the wrong question in my last post.


Hermie............Phoning a friend!