XAM
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2.94% 6.6¢ xanadu mines ltd

Yes bizarre, I'm scratching my head. What am I missing?They've...

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  1. ResourceEagle
    996 Posts.
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    13/03/23
    14:12
    Post #: 66735770
    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.

    XAM Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
6.6¢ 		Change
-0.002(2.94%) 		Mkt cap ! $113.2M
Open High Low Value Volume
6.8¢ 7.0¢ 6.6¢ $180.2K 2.629M

Buyers (Bids)

No. Vol. Price($)
5 730769 6.5¢
 

Sellers (Offers)

Price($) Vol. No.
6.7¢ 10000 1
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Last trade - 15.48pm 08/10/2024 (20 minute delay) ?
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