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3.39% 5.7¢ xanadu mines ltd

Ann: Trading Halt, page-4

  1. bunter999
    336 Posts.
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    17/01/23
    10:06
    Post #: 65727329
    It is a placement not a rights issue. So it will be for corporate structuring purposes. Maybe cleaning up ownership, acquiring an exploration asset. Presumably not below 4 cents....Moorehead isn't a clown
    Last edited by bunter999: 17/01/23
    XAM Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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