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Xanadu Mines Ltd ( (AU:XAM) ) has provided an update.
Xanadu Mines Limited has announced a change in the interests of its substantial holder, Bastion Mining Pte. Ltd. Bastion has increased its voting power from 70.29% to 73.59% through the acquisition of additional shares as part of a takeover offer. This increase in voting power strengthens Bastion’s influence over Xanadu Mines, potentially impacting the company’s strategic decisions and operations.
More about Xanadu Mines Ltd
YTD Price Performance: 61.22%
Average Trading Volume: 8,801,497
Technical Sentiment Signal: Buy
Current Market Cap: A$182.2M
Find detailed analytics on XAM stock on TipRanks’ Stock Analysis page.