re: Ann: Change in substantial holding in EXS... I have to say that I would also be willing to accept an offer from SOL based on a scrip for scrip basis only.
But that would have to be at not less than between 35 and 36 of our EXS shares for one SOL share.
That would amount to only approx. 10 million of their own shares and they would end up keeping all the cash of ours plus their own, for future needs. That's all.
At the very least we would still be able to share in the spoils of what we currently own, and most importantly, there would have to be no Capital Gains worries for some, to contend with, if they were to fall within that category.
DYOR!!
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