EXS 0.00% 26.0¢ exco resources limited

There is no tax payment due until the end of Feb 2012.The annual...

  1. 1,082 Posts.
    There is no tax payment due until the end of Feb 2012.
    The annual report states that this tax payment will be approx. $47m or 13.5c per share.

    So, cash-backing at the time of the AGM will remain around the current levels of $235m or 67c per share.

    Post-distribution of $135m or 38c per share in Dec, this will then drop to $100m per 28.5c per share.

    Post-tax payment in Feb, this will then drop to $53m or 15c per share (all else being equal).
 
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