EXS 0.00% 26.0¢ exco resources limited

exco's response to cash offer ..., page-31

  1. 25,108 Posts.
    aka - Yes, but the $2,891,277 question is ... WHO is buying them???

    It could be a white knight eg; JPM or an Investment Fund; or it could be Taurus (ex CEO & MA's new employer); or it could be a blocking stake like Xstrata; or it could be the Company instructing a broker to go in and start buying the shares back & then transfer them back to the Company as a 'buy back'. We can only theorise.

    But it cannot be SOL because they (theoretically) CANNOT increase their holding in their own name from hereonin as the acquirer at this point.
 
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Currently unlisted public company.

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