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17.0¢ explaurum limited

Still too low, page-5

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315

13/12/18

10:51

Post #: 36844389
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Originally posted by 1953 ↑

Originally posted by Davisite
I agree with @pints that this well undervalues EXU, but given the state of the market towards companies like EXU it will probably get over the line. I don't think you should read into it the market thinks EXU management have done anything wrong, just that is they way these things work out when conditions are against you.

I am actually more upset with the DRM/SLR merger. At least RMS is a good company and with EXU's resources in the fold EM is taken care of and it can really kick on up from here.
RMS offer is worth taking, note RMS will also be paying a dividend next year, much better than dilution and debt hanging over EXU with too many unknowns. Lets hope Alkane is voted No and yes to RMS

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Judging by this morning's, it's not going down too well with RMS shareholders. lol

I thought their DD determined that it wasn't even a good deal at the lower bid ! lol

EXU Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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