EXS 0.00% 26.0¢ exco resources limited

Just trying to work out Ivanhoes motives in supporting this low...

  1. 1,098 Posts.
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    Just trying to work out Ivanhoes motives in supporting this low ball offer.

    Can anyone tell me what IVAs commitments are to EXS for funding exploration?

    I would assume that if these commitments are significant then a change of control at EXS may enable IVA to walk away from them (and hence their motive).
 
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