Forget the talk of share buybacks and extra dividends payments with the cash balance in the bank how about this hypothetical scenario.
Scenario 1 discussion topic -Was Exco requested to pay a higher divy payout so they did not have a large war chest to play with, so they couldn't get too big? The Goldilocks theory/principle?
Let?s use an example with IVA's share price nearing 2 year lows. Is it at all possible that people in the region could possibly been worried at a cashed up Exco could become a major/predator given the current state of play with world economic worries and falling share prices?
Given the post Exco CCP now with a large sum of cash in the bank and a gold mine still churning out the buck$$$?
Not that I'm suggesting this but that would be one for the books an Exco takeover of a larger player!
Good to hear your view on this hypothetical scenario!
EXS Price at posting:
62.0¢ Sentiment: Hold Disclosure: Held
