EXS 0.00% 26.0¢ exco resources limited

the real risk, page-9

  1. 35,875 Posts.
    lightbulb Created with Sketch. 3285
    You are corect Leroy they cannot delist - once they get to 90% they can compulsorily acquire the last 10% - the problem is - it matters little if they get 50% plus 1 x share and effective control or any other number up to 90%

    Holders that dont sell into the offer will be starved out over time - the only hope for a better outcome than selling on market now is for a higher offer to be tabled which is looking unlikely at this point in time.

    Hoot
 
watchlist Created with Sketch. Add EXS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.