XAM 6.85% 7.8¢ xanadu mines ltd

director's purchase of shares

  1. 112 Posts.

    Now, I don't want to read too much into this ... actually, I do want to read a lot into it ... but today's announcement that Ganbayar Lkhagvasuren (Mongolian Director) has bought $2,500,000 of XAM is ... well, I don't know what it is.

    Maybe he's had a look down one of the holes at Sharchuluut Uul.

    Hope so.

    Anyway, he's now a substantial shareholder with 7.2%.

    I love it when a director buys big.
 
watchlist Created with Sketch. Add XAM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.