I expressed an opinion which will no doubt be imperfect, but is looking at the pricing from the point of view of what the market valued EXS cum-dividend. The market knew on Friday how much cash will be on hand ex-dividend, so why would that knowledge be expected to create some arbitrage on Monday as though it is new information.
When you are looking at a valuation you need to start somewhere and a comparison with a company that paid a dividend but didn't issue franking credits (hermie) is probably not any more reliable.
It's also not polite to tell someone what to do.
I expressed an opinion and I gave my reasons which is what HC is all about..
Keep in mind this is just banter as nothing we say will change the opening price ...but just for fun what is you range?
I have shares in EXS and I would be happy to buy more so like all of us I will be looking for a bargain.
I'm hardly a down-ramper ..I also gave reasons why EXS is a stable long term buy.
Cheers,
EXS Price at posting:
69.5¢ Sentiment: LT Buy Disclosure: Held
