EXS 0.00% 26.0¢ exco resources limited

small beer from sol's perspective

  1. 1,459 Posts.
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    Guys, SOL is a $3 billion company.

    Therefore EXS is a pretty small bite for them.

    They will be happy with whatever number of shares they acquire.

    If they get past 90%, they get all the non cash assets for free at 19c so perhaps they may pay a tad more for the 90% level.

    Either way, it is a good value investment in EXS at these distressed levels.
 
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Currently unlisted public company.

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