EXS exco resources limited

iva and expoloration ground --- franked or not, page-5

  1. 2,689 Posts.
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    Bannercheck, if/when the sale of CCP goes through the company will pay a fully franked dividend. This is from the mouth of the MD. Fact.

    Once the sale is completed and the dividend is announced there will be an influx of buyers looking for the dividend. A similar situation occurred on JRL following the partial sale of its major asset and subsequent 55c ff div. Until the div was announced formally it won't get the widespread coverage and there will be some doubt in the market place (which you are understandably voicing).
 
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