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0.00% 26.0¢ exco resources limited

Isn't this simply a (pro-forma) T/O offfer.. like in taking out...

  1. rastes
    1,823 Posts.
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    25/08/12
    10:14
    Post #: 10622579


    Isn't this simply a (pro-forma) T/O offfer.. like in taking out IVA, SOL's stake was pushed well over the 20% threshhold. SOL are thus obliged to take the offer at 19 cents to all EXS shareholders.


    pro-forma

    http://en.wikipedia.org/wiki/Pro_forma
    EXS Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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