You should read page 11 of the bidders statement where it poses the question, "what happens if I accept into the Acceptance Facility?" The answer is "shareholders...will not receive any consideration under the Offer unless and until WHSP obtains 90% of acceptance" The bidders statement makes it clear, on several pages, that the 26.5 cents is subject to 90% acceptance. I can only speculate that it might be a long time, if at all that you will get your cash. You are able to withdraw your acceptance up until the 90% point. I did some research on SOL this morning, it seems to take a large shareholdings in small companies and lets them go about their business. I suspect that this will might happen with EXS. On the performance rights - maybe someone else can answer that question. The situation is not ideal for me, what is being offered looks attractive. DYOR and I am not qualified or licensed.
EXS Price at posting:
26.0¢ Sentiment: Sell Disclosure: Held
