EXS 0.00% 26.0¢ exco resources limited

I too held Exco stock.I sold out at over 70c prior to the...

  1. 105 Posts.

    I too held Exco stock.
    I sold out at over 70c prior to the capital return and dividend (which returned a total of 38c to shareholders).
    The company held great land in Australia's most prospective and progressive area, had stacks of cash, good discoveries and every hope of finding multiples of its Cloncurry Copper Project success.
    In hindsight, I think the wheels started to fall off for poor Exco when IVA insisted upon the big pay-out leading to the departure of a superb Managing Director.
    Were I still a shareholder I would be very disappointed.
 
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