EXS 0.00% 26.0¢ exco resources limited

ResourcesG, what were the other companies listed at < cash...

  1. asf
    9,888 Posts.
    ResourcesG, what were the other companies listed at < cash backing, please?

    EXS would be company watch lists with its massive cash. $60m is nothing to sneeze at- I hope they put it in a bank account- at 5%, they would be adding $3m a year. I don't hold this one, but I've been watching a long time. I reckon it must not have too much to fall- due only to the $$$- else it would be smashed like all others. Have to say, though, that it needs to act like more of a "playa" in the sector, and swagger a bit. With that amount of money, it needs to demonstrate it will be using the money, or a predator will take over the company and use it themselves.
 
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Currently unlisted public company.

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