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Xanadu Mines Ltd ( (AU:XAM) ) just unveiled an update.
Xanadu Mines Limited has experienced a change in the interests of its substantial holder, Bastion Mining Pte. Ltd. Bastion’s voting power in Xanadu increased from 86.80% to 87.80% following several acquisitions of shares through a takeover offer. This change reflects Bastion’s growing influence and control over Xanadu Mines, potentially impacting the company’s strategic direction and stakeholder interests.
More about Xanadu Mines Ltd
Average Trading Volume: 8,483,394
Technical Sentiment Signal: Buy
Current Market Cap: A$182.2M
For a thorough assessment of XAM stock, go to TipRanks’ Stock Analysis page.