"SAME GOES FOR ME that is why i BOUGHT more at .195 you can only part with .005..... worth a gamble "
It is possible you could lose more - If the company enacts one of the poison pill options then they can walk away from the deal - A buyback would be the most obvious one ( IMO )
that's not to say it would go down just that it could go below 19c.
Hoot
Exco converts all or any of its shares into a larger or smaller number of shares;
Exco or a subsidiary of Exco resolves to reduce its share capital in any way;
Exco or a subsidiary of Exco enters into a buy-back agreement or resolves to approve the terms of a buy-back agreement under section 257C(1) or 257D(1) of the Corporations Act;
Exco or a subsidiary of Exco issues shares or grants an option over its shares, or agrees to make such an issue or grant such an option;
Exco or a subsidiary of Exco issues, or agrees to issue, convertible notes;
Exco or a subsidiary of Exco disposes, or agrees to dispose, of the whole, or a substantial part, of its business or property;
Exco or a subsidiary of Exco charges, or agrees to charge, the whole, or a substantial part, of its business or property;
Exco or a subsidiary of Exco resolves to be wound up; the appointment of a liquidator or provisional liquidator of Exco or a subsidiary of Exco; a court makes an order for the winding up of Exco or a subsidiary of Exco;
an administrator of Exco, or a subsidiary of Exco, is appointed under section 436A, 436B or 436C of the Corporations Act;
Exco or a subsidiary of Exco executes a deed of company arrangement; or a receiver, or a receiver and manager, is appointed in relation to the whole, or a substantial part, of the property of Exco or a subsidiary of Exco.
EXS Price at posting:
19.5¢ Sentiment: None Disclosure: Not Held