EXS 0.00% 26.0¢ exco resources limited

Ahh, lionel- I think I read the first post wrong. :+/ Thanks for...

  1. asf
    9,888 Posts.
    Ahh, lionel- I think I read the first post wrong. :+/ Thanks for the reply.

    JGPM, funny you mentioned JRL. It has just hit a one year low of 38c- down to 38c or -11.6c today (there must be value there soon). I saw JRL on a one year low scan, which is where I came across both BUG and PPX.

    One thing that will be interesting about EXS when the dividend comes through, is the overhang at ex-dividend. This happened with SIP at ex-dividend, as people just sold en masse who had bought only for the diviend. That can be a time to get overhang stock very cheap. Not sure if it will happen with EXS, but SIP has since risen 11.8% from ex-dividend date. Overhangs of that magnitude can take a long while to sort.
 
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