EXS 0.00% 26.0¢ exco resources limited

Someone on hotcopper recently drew my attention to this stock....

  1. 442 Posts.
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    Someone on hotcopper recently drew my attention to this stock. The current price looks like a bargain given the potential dividend, but I'd like to know the risk of this dividend being paid, i.e. is ATO approval a mere formality or is it a complex process which may come undone?

    Thanks.
 
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Currently unlisted public company.

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