Ann: Trading Halt, page-65

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TrendTracker

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29/10/18

10:58

Post #: 36295178
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Originally posted by TrendTracker: ↑

I'll get out the crayons and explain it you so you can fully understand.

EXU holders are up in arms saying they aren't going to give away the project for an insulting price of 12c. EXU management also state in very ambiguous and generalised terms that EXU is undervalued. So why would you be expecting that they would give away 10% of the project or more for "pennies on the dollar"? Are you expecting a fair and reasonable price that fully reflects the value of 10% of the project?

Now you and others are unanimous in stating that no offer should be expected before Mace results are received. Why give away the project while not all results are on the table you say? Yet Mace results have not been received and it looks likely that part of the company will be given away before we see them.

You can argue with what i've written, but their you're points that you have posted previously so you'll essentially be arguing with yourself. Which actually might be quite entertaining.

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EXU fanbois - 12c a share dramatically undervalues EXU and we will not sell the company for "pennies on the dollar".

EXU fanbois - wow ALK gets 20% of the company for 12c a share. Great news!

EXU Price at posting: 11.8¢ Sentiment: None Disclosure: Not Held
8 Upvote

4 Great analysis

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Ann: Trading Halt, page-65

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