EXS 0.00% 26.0¢ exco resources limited

You are corect Leroy they cannot delist - once they get to 90%...

  1. 35,875 Posts.
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    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
 
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Currently unlisted public company.

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