EXS 0.00% 26.0¢ exco resources limited

why price dropping, page-33

  1. 2,599 Posts.
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    OK, I'll have another one of my ill-fated guesses.

    I guess we will open at 69, and close at 76, after some spirited bidding during the day.

    If we reach mid seventies, I will have to consider a late sale and reinvest ex-dividend (no super trust fund set up to take full advantage of franking credit and no time left I guess).

    The presentation looked full of promise, but was a little too general about commercialising near term future prospects I thought. Perhaps that is deliberate at this point until we are ex. Anyone else have thoughts?


    Good luck for tomorrow.



    John S.





 
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