The 8 for 1 offer was based on the CXU share price of 27c on the 14 March 2013 that according to CXU represented a 30% premium. Since then the CXU share price has dropped 60% to 11c.
I'm guessing that we would need at least 27c by August to allay any EMX shareholder fears assuming that EMX doesn't hit pay dirt in the meantime.
The 8 for 1 offer was based on the CXU share price of 27c on the...
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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 |