XAM 5.45% 5.8¢ xanadu mines ltd

Ann: Zijin & Xanadu Transaction Completed, page-3

  1. 947 Posts.
    lightbulb Created with Sketch. 370
    Yes bizarre, I'm scratching my head. What am I missing?

    They've just raised over $7M at 4c, 30%+ premium on current share price.

    If they want to walk away completely they get to sell their 50% share of the JV to Zijn for $50M USD - 50%+ premium on current share price.

    Either I am missing the fine print or the market is stupid.

 
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5.8¢
Change
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Mkt cap ! $99.52M
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5.7¢ 5.8¢ 5.6¢ $53.98K 949.9K

Buyers (Bids)

No. Vol. Price($)
2 119756 5.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 399590 2
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Last trade - 15.59pm 09/08/2024 (20 minute delay) ?
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