8c is on the low side but I dont think this ends here. The placing at 6p to Boroo is effectively a “gift” to Boroo as thank you for getting Zijin moving. If Zijin doesnt offer more then they buy Xanadu for 8p which is a good deal for them. If Zijin offer more they get a nice profit having invested at 6p.
XAM Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
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