I'm sure Wilbur will #$%$ up XCO and takes it private. You all know he has been working behind the scenes trying to put together deals with Asian buyers for LNG export and next month he is free to do what ever he wants. XCO management is definitely not trying to stop him. Hell, they want to break even themselves. I pretty sure Wilbur's average cost so far is in the $9~$11 range. I would start buying like crazy around the $5.75 range, the 52 week low.
I just did a quick calculation based on sec 4 filing and it appears is average cost on 24.8 Million Shares is $9.11. This doesn not include all of his shares. Can someone come up with a better number??
I think his average is closer to the $11 range as well. I agree with all the other acquisitions he
he has been making like in the shipping industry, he is lining this up for some sort of sale. Hopefully us share holders will not get hit too bad.