EXS 0.00% 26.0¢ exco resources limited

payday, page-18

  1. 1,082 Posts.
    I don't see the register being full of WHSP being a bad thing at all. You could be right that there re a lot of superfunds who bought on the last couple of days before ex-div, but I think WHSP is waiting to soak them up.

    I personally can't see us falling below 20c even if there is a weight of superfund selling, but who knows.

    Exploration results were indeed very solid and there will be more to come before the superfunds finish their selling.

    Hope I can continue to accumulate around the 20c level. That values the non-cash assets of the company at not much more than 10m! To buy in the teens is effectively buying the non-cash assets for free.
 
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