EXS 0.00% 26.0¢ exco resources limited

cash position ex dividend, page-3

  1. 1,082 Posts.
    There is no tax payment due until the end of Feb 2012.
    The annual report states that this tax payment will be approx. $47m or 13.5c per share.

    So, cash-backing at the time of the AGM will remain around the current levels of $235m or 67c per share.

    Post-distribution of $135m or 38c per share in Dec, this will then drop to $100m per 28.5c per share.

    Post-tax payment in Feb, this will then drop to $53m or 15c per share (all else being equal).
 
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