EXS 0.00% 26.0¢ exco resources limited

The announcement says it all imo.The Board is not ruling giving...

  1. 25,108 Posts.
    The announcement says it all imo.

    The Board is not ruling giving more than $100m back to Shareholders. They're looking at the repatriation of funds in the light of what the Company's needs & wants are as most importantly the Company has to do what is right for the Company, for its sustainable growth & it's cash reserves, and then try to balance that in with the best interests of the Shareholders.

    Now, if the Company were like Newscorp (for example) then Shareholders wouldn't see 1c as it would ALL go back to the Company for unspecified future development imo.
 
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Currently unlisted public company.

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