EXS 0.00% 26.0¢ exco resources limited

big volumes bring out the (big) players, page-15

  1. 1,607 Posts.
    lightbulb Created with Sketch. 29
    Very likely, they will be cashed up, more cash next yr (options exp), backed by a multi millionaire, which has RIO hovering over it. Having just purchased osborne plant and looking to cement itself in the area.
    What better way to increase its assets then with a Co. like ours. And already owning 20% makes it less expensive than others to make a play at.

    With the market up today I expected the sp to be higher?? maybe I've had too much of a good thing.


 
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