EXT 28.6% 0.9¢ excite technology services ltd

its a joke surely ?, page-24

  1. 260 Posts.
    lightbulb Created with Sketch. 26
    kinbasket and Dwuuuu - you two guys are spot on. I have posted on this stock before - and that is exactly what I have been saying.

    To everyone out there talking about NPV and $8.65 being a steal - I can point to plenty of companies that trade well under the "NPV" of their assets and if someone made a cash offer for them with a 15-20% premium - they would also be history. Seems plenty of posters don't understand the market at all......especially the big end of town where you are dealing with insto's and in this case major companies (Rio). They don't play takeover games very often. It will all have been pre-agreed. JV with Rio on a joint development is where my money is.

    Move on boys and girls and find your next EXT!!

    :)
 
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