EXS 0.00% 26.0¢ exco resources limited

exco recommend revised sol takeover offer ..., page-30

  1. 15,807 Posts.
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    AND thank you again,B.T. i do see the 26.5 being the point they are thrusting and it does seem to be shouted out and your comment about 'it being along time b4 money is paid' makes sense.

    What I am surprised by is the capitulation of l/t holders,and I am not refering to HC posters.It appears all of a sudden our assests arent worth holding on to,which is contrary to all that the announcements have indicated in the last 6 months.
    Is it bluff ? i would like to know which large holders are going to take it to the acceptance level ?
    And if sol dont get the 90% only 70/80/85,will we need a cap raise all of sudden thereby diluting the last 30/20/15 of small holders.?
    SOL do have a lot of controlling holdings in dif comps/indust. it is why i like and hold them.
    I really dont expect you to answer,just venting. I will learn what happens soon.
    either way I will be following the rest into the acceptance scheme arrangement.
 
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