XAM
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3.85% 5.4¢ xanadu mines ltd

Ann: Quarterly Activities Report and Appendix 5B - 31 March 2022, page-17

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  1. redipod
    878 Posts.
    lightbulb Created with Sketch. 145
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    06/05/22
    13:33
    Post #: 61251481
    Why would XAM ever be sold for 10cps???

    There is a still big opportunistic gap to close with deal not even priced in by mkt!

    As per XAM slide 5, Implied Transaction EV = $45m MKT CAP less CASH ($11.3m Phase 1/2 + 50% of Phase 3 A$24m) = $11M

    Such a massive disconnect between the deal and what market is pricing - massive buying opportunity while the market is asleep me thinks
    XAM Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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Last
5.4¢ 		Change
0.002(3.85%) 		Mkt cap ! $98.06M
Open High Low Value Volume
5.3¢ 5.4¢ 5.2¢ $278.1K 5.304M

Buyers (Bids)

No. Vol. Price($)
1 542974 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 433091 1
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
XAM (ASX) Chart
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