EXS 0.00% 26.0¢ exco resources limited

nearly time to launch the bid for iva

  1. 7,121 Posts.
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    Our major holder just keeps getting cheaper and cheaper.

    Their market cap is now less than 400m having lost another 6%+ today.

    Cannot see IVN paying $1.39 for their new shares when the market price is 40% less.

    Perhaps the time for making a bid for them using our scrip is getting to a point of being realistic?!
 
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Currently unlisted public company.

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