re: Ann: Change in substantial holding in EXS... Hedge funds and other buyers are seeing an opportunity to get in at 26c since SOL will be left with no option but to up the bid to clean up the stronger hands.
Either they pay us more or we remain a going concern collect debts due etc and build an ongoing business.
Sol have no choice if they want control, than to pay a reasonable price and many shareholders do not beleive they are anywhere near a reasonable price.
So long as 10% + is in strong hands, SOL need to revise the offer. The Board have recommended sell but there are plenty of shareholders here who believe differently and for good reason.
Does this mean the Board are not acting in the best interests of all shareholders? you be the judge based on the strong hands preventing SOL getting 90%.
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