EMX shareholders are not going to accept the offer
8 shares of EMX ( 2.2 cts X 8 = 17.6 cts ) in exchange for 1 CXU share worth 11cts ? Hard to see T/O happening with CXU SP so low. Hopefully , CXU management have something more to offer & they need to raise money too for drilling but surely at a discount to current SP.
price to book value and opacity concerns.., page-5
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $18.39M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.4¢ | $1.52K | 108.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1351258 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 477222 | 2 |
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| Last trade - 12.06pm 09/09/2024 (20 minute delay) ? |
| CXU (ASX) Chart |