Am I correct in understanding that if any offer to take over EXS is to be made by Ivanhoe or another party - they will have to do so before the 9 June General Meeting? That seemed to be made clear by MA in his presentation vis a vis that a condition of the sale to Xstrata was the approval of the Board and that if a better offer came along they would look at that prior to approving the Xstrata offer on 9 June.
No doubt a close watch of the SP over the next 8 days will be interesting.
EXS Price at posting:
64.0¢ Sentiment: Buy Disclosure: Held
