come on guys they are shorting the stock before the meeting so they can get more shares. "The final number of shares issued will depend on Xanadu’s share price prior to the date of the General Meeting."
Also the option strike price will be lower and they will make more cash in the future years.
xam mangament should have made the deal conditional on the 15 wap before the deal was announced.
they stuffed up and thought the share price would rally.
Mongolian govt has not helped them nor the china slow down.
xam managemnt are rubbish at IR.
15 cents here we come
XAM Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
