EXS 0.00% 26.0¢ exco resources limited

I reluctantly applied to have my EXS shares accepted into the...

  1. pjf
    1,674 Posts.
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    I reluctantly applied to have my EXS shares accepted into the Acceptance scheme on Friday.

    I also hold some as CFD's. So I contacted the company I use to trade the CFDs to make sure that they would also have these shares accepted into the scheme.

    I was told that when the time came the shares, who are held by their broker, would be bought by WHSP and we would be paid. This meant that we would not receive payment for some weeks after the new deadline of 26th November, and that we would continue to pay interest on the value of these CFDs.

    They did not know that WHSP had exceeded the 90% requirement.

    After some discussion of increasing intensity with a regular person I was passed on to someone senior who finally got the message and said that they would try to instruct their broker to have all of the EXS shares accepted into the scheme.

    My suggestion is that if you hold any EXS shares as CFDs that you pursue the company that you trade with and persuade them to have them accepted into the acceptance scheme.

 
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Currently unlisted public company.

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