EXS 0.00% 26.0¢ exco resources limited

all this for just one cent, page-16

  1. asf
    9,888 Posts.
    Certainly not, Sir! I am saying that cash will be used, like all companies use it. Cashed up companies are great, but I just don't think that the market is valuing EXS at 1c.

    I have to try to sort these things out for myself, or I'll make mistakes, lionel. I do have an interest in EXS as a purchase, but I think that the market is valuing the assets (including cash) at 26c. Otherwise the market would be paying much more for EXS. I try to work out why the price they are paying is reasonable, or they'd pay more. See where I'm coming from?
 
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