EXS 0.00% 26.0¢ exco resources limited

If Perpetual were smart enough to be buying at 14c last week, I...

  1. 1,082 Posts.
    If Perpetual were smart enough to be buying at 14c last week, I am sure they wouldn't be complaining. I actually told them to.

    SOL have been a major shareholder for a long time now. They know the company and know the value.

    What you don't realise is that I have reason to believe IVA were considering selling for 15c last week. They are a shambles - I much prefer to have someone like SOL, who understand the value and need our resources, holding a 22.5% stake than IVA who don't know what they are doing!

    I never said SOL was a white knight, but there is no doubt they have picked up the overhang from an otherwise volatile shareholder.
 
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