EXS 0.00% 26.0¢ exco resources limited

Hi Moshimoshi,I think it is unlikely that 90% won't be reached -...

  1. 122 Posts.
    Hi Moshimoshi,
    I think it is unlikely that 90% won't be reached - they have 89% now, and still have another week. I am not happy either, but reluctantly put my holding into the acceptance facility yesterday. The way I understand it, any remaining shares will be compulsorily acquired at 26.5c, but you will be waiting longer for your payment than if you accept. I cannot remember another takeover that I have been involved in that has not had an independent report and recommendation. Constantly learning.
    cheers,
    hippies
 
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