EXT 4.17% 1.3¢ excite technology services ltd

stronger hands indeed, page-7

  1. 116 Posts.
    according to my spreadsheet and based on the various Anns or RNss polo appear to have sold part of their holdings in bky, acb and ipt to meet their obligations under the ext 35:1 ri - After paying for those shares from the proceeds polo have around A$8m in "leftovers" to scoop up any of the 7.75 issue that may be available - or indeed to buy anymore ext at market as, imho, there is a lot of mileage left in the resource to take ext's sp to a minimum of A$15 when the next resource Ann is released - Dattles and his flock will know only too well what that resource fig is likely to be. DYOR etc......
 
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