exco's response to cash offer ..., page-12

"or would he commission a DFS but fail to release it shareholders? "

Oze I wasnt trying to make a comparison of the 2 companies just the wording of the response.

But a take over of CDU at the same premium would be $1b

EXS market cap $64m - 356m shares on issue

CDU M/C $760m - 188m shares on issue = unorthodox yes but the raw numbers suggest he is far from hopeless at delivering shareholder growth.


Hoot