ECL 0.96% $3.15 excelsior capital ltd

todays big announcement!!!

  1. 1,573 Posts.
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    todays announcement on the TJN settlement should see the A Class shares go up significantly ie greater than 25%. All sellers have disappeared which only supports the general view.

    The real key to this is what will happen to the Ordinaries?

    They have had a stellar run up until the trading halt. Will this continue or will the board announce a rights issue to fund the A Class buy back driving down the Ordinary share price??

    Either way we may have movement, maybe even a takeover who knows!!!

    I wait in anticipation
 
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