Why would XAM ever be sold for 10cps???There is a still big...

  1. 897 Posts.
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    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
 
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(20min delay)
Last
7.9¢
Change
0.000(0.00%)
Mkt cap ! $181.0M
Open High Low Value Volume
7.9¢ 8.0¢ 7.9¢ $3.061M 38.75M

Buyers (Bids)

No. Vol. Price($)
1 1484843 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 17427877 39
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
XAM (ASX) Chart
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