EXS exco resources limited
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small beer from sol's perspective

  1. boxhillnorth
    1,593 Posts.
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    27/08/12
    22:18
    Post #: 10631398
    Guys, SOL is a $3 billion company.

    Therefore EXS is a pretty small bite for them.

    They will be happy with whatever number of shares they acquire.

    If they get past 90%, they get all the non cash assets for free at 19c so perhaps they may pay a tad more for the 90% level.

    Either way, it is a good value investment in EXS at these distressed levels.
    EXS Price at posting: 20.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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