EXT 12.5% 0.9¢ excite technology services ltd

can you smell that, page-17

  1. 1,605 Posts.
    More suffling of the deck chairs with this move. KAH tightens it's control over future negotiations for the future of EXT.

    I'm sure they did not want either Rio or Polo taking over Coronet, and getting an even greater number of of KAH shares, then each already have.

    The BMN PFS will have provided some useful base figures for crunching EXT PFS numbers. That is why KAH has moved on Coronet now. This will no doubt make other major holder quickly sharpen their strategies. We are reaching the pointy end in the game to control the EXT jewel. Look for some significant sp action.

    I don't know much about those on the board of EXT or KAH. Are they capable of taking this to mine stage? This thing will go round in circles until a CEO is decided on. Not too many $2B+ companies on the ASX with no CEO (for months); shows you the conflict between major shareholders.

    Interesting developments this week.

    Cheers, Skip

 
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