EXS 0.00% 26.0¢ exco resources limited

What I can't understand is, why does IVA reckon the pay-out is...

  1. 1,736 Posts.
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    What I can't understand is, why does IVA reckon the pay-out is inappropriate? Why would they want 100% of the sale price divided-up amongst us all? Isn't it far more prudent to go the way our board has decided, rather than blow the lot just for the sake of satisfying our major shareholder, who by the way, looks like may be shot-down in a screaming heap at the ballot. By keeping some money in the bank right now, secures our future development (not to mention our future dividends which will be generated)...
    Just my opinion folk's.
 
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