EXS 0.00% 26.0¢ exco resources limited

buy-back, page-20

  1. 1,082 Posts.
    yep, agree with JGPM you should just call GL. The office number is on the website. He is very good at taking calls from shareholders.

    I have spoken to him about it previously. They have done everything they need to do to pull the trigger when the board approves it.

    GL's genuine belief is that the share price will rise once results start coming through, so he doesn't want to announce a BB just before the price starts rising and therefore never actually buy back any shares. That was when the share price was 16c though. 14c is a totally different story.
 
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