XAM 1.79% 5.7¢ xanadu mines ltd

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

  1. 855 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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Mkt cap ! $97.81M
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5.8¢ 5.8¢ 5.6¢ $8.742K 153.2K

Buyers (Bids)

No. Vol. Price($)
3 145927 5.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 59992 1
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Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
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