I agree, take a look at the placement in CKA yesterday. Same scenario, done at a decent premium above the market price. It was slow to start with then fired up late in the day and then again today above the placement price.
You guys forgot one other nice positive this stock has going for it - Charlie Atkin from Southern Cross Equities has a soft spot for it and we should see some good notes out tomorrow on it. If this happens, then the buying will take hold as he has a pretty decent following!
Bought in today, looking forward to the ride
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XAM
xanadu mines ltd
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1.28%
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7.9¢

I agree, take a look at the placement in CKA yesterday. Same...
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Last
7.9¢ |
Change
0.001(1.28%) |
Mkt cap ! $181.0M |
Open | High | Low | Value | Volume |
7.9¢ | 8.0¢ | 7.9¢ | $2.612M | 33.06M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 6994976 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 1197792 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 6994976 | 0.078 |
6 | 2230385 | 0.077 |
1 | 500000 | 0.075 |
1 | 500000 | 0.070 |
1 | 7350 | 0.069 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 1197792 | 2 |
0.080 | 11663016 | 33 |
0.081 | 1175521 | 8 |
0.082 | 363458 | 5 |
0.083 | 500000 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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XAM (ASX) Chart |