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17.0¢ explaurum limited

RMS offer is worth taking, note RMS will also be paying a...

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13/12/18

09:57

Post #: 36843108
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Originally posted by Davisite: ↑

I agree with @pints that this well undervalues EXU, but given the state of the market towards companies like EXU it will probably get over the line. I don't think you should read into it the market thinks EXU management have done anything wrong, just that is they way these things work out when conditions are against you.

I am actually more upset with the DRM/SLR merger. At least RMS is a good company and with EXU's resources in the fold EM is taken care of and it can really kick on up from here.

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RMS offer is worth taking, note RMS will also be paying a dividend next year, much better than dilution and debt hanging over EXU with too many unknowns. Lets hope Alkane is voted No and yes to RMS

EXU Price at posting: 8.5¢ Sentiment: Sell Disclosure: Held
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0 Great analysis

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