re: Ann: Change in substantial holding in EXS... The reason that...

re: Ann: Change in substantial holding in EXS... The reason that I brought up the example of the 37.5 cents for each of our share, (1 SOL for 35 EXS) was simply because it would at least take in consideration some of our cash holdings by giving it back to us, not just passing it on to SOL for free.
Hence why previoulsy I said that our Directors should at least return the cash we have on hand back to the shareholders in the form of any special dividends.

There is also one more thing that we should consider if that was to happen. And that is, that, if we were to get 1 SOL share for 35 of our own shares, none of us would fall within the category of having to be liable for capital gains tax as only the entity name of our holdings will change, and no cash would have changed hands.

(Please note that, in these circumstances, companies usually seek the approval of the ATO before announcing that part of the deal.)

To me at least, that would have to be worth a few extra cents per share, while of course we would still be benefiting from our tenements and assets even if they changed ownership.

Good luck all, and please DYOR!!