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
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.90M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.4¢ | $38.56K | 2.623M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1523738 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 1183214 | 2 |
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| Last trade - 15.58pm 15/11/2024 (20 minute delay) ? |
| CXU (ASX) Chart |