I also like the fact that Michael Anderson clearly states that a bid from IVA is on of the possibilities. There is also this vague reference to a possible Chinese bid?!?
I wonder if IVA want the maximum amount of cash possible so that EXS is a less effective competitor for other local acquisitions??
Indeed we must not be complacent about the vote!
Potential outcomes still looks good to me.
Cheers
EXS Price at posting:
61.0¢ Sentiment: Buy Disclosure: Held