EXT 11.1% 1.0¢ excite technology services ltd

great positive pre christmas announcement, page-45

  1. 637 Posts.
    re: consolidation...more4u2 Yes it does look upfront that KAH is winner of this deal. Previously they had 49% and were required to now come up with funding for exploration costs (i stand corrected if wrong).

    Now they may have x number of EXT shares and will benefit from all mining actvities (dividends, sp increases) but without putting up a single cent - am i right ? Their downside is what - loss in any value of free ext shares !

    But thats upfront reading only. Who knows and let see what both markets bring tomorrow.
 
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