EXS 0.00% 26.0¢ exco resources limited

LOL @ kitstar (and BlackAdder)! As I mentioned before, I think...

  1. 25,108 Posts.
    LOL @ kitstar (and BlackAdder)!

    As I mentioned before, I think that this has already been factored in in the eventual deal ... should it occur.

    I think the Company will distribute the $100m in the form of a dividend, PLUS repatriate SOME (but not all) of the balance as excess capital to shareholders.

    I also wouldn't be surprised to see some $$$'s left over for M&A opportunities, and for fast tracking exploration of the remaining 2,400 sq. kms of dirt around Cloncurry.

    Thankfully they didn't go to HK to float on a li-lo in the 4-Seasons 'Infinity' pool for 6 weeks to deliberate the deal - lol.
 
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