EXS
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0.00% 26.0¢ exco resources limited

takeover bid from sol & iva ..., page-30

  1. davmarc
    1,301 Posts.
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    23/08/12
    10:54
    Post #: 10610916
    Just trying to work out Ivanhoes motives in supporting this low ball offer.

    Can anyone tell me what IVAs commitments are to EXS for funding exploration?

    I would assume that if these commitments are significant then a change of control at EXS may enable IVA to walk away from them (and hence their motive).
    EXS Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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