EXS 0.00% 26.0¢ exco resources limited

special dividend 28c + cap return 10c, page-90

  1. 6,823 Posts.
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    'For this reason I think that it was wrong to tie the franked dividend to being conditional of the passage of the capital return resolution.'
    I cant fathom the logic either,Why wouldnt anyone in this flogged market take a bit af Cap return?
    AND why tie it to shareholder approval of DIVY ?
    It seems odd to think we would have a meeting to say no to a positive return....


    I would love to know your reasoning .
    Oh yeah got some more @.685
 
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