Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Xanadu Mines Ltd ( (AU:XAM) ) has shared an update.
Xanadu Mines Ltd has announced a change in the interests of its substantial holder, Bastion Mining Pte. Ltd. Bastion has increased its voting power from 73.59% to 78.91% through the acquisition of additional shares as part of a takeover offer. This change signifies Bastion’s strengthened control over Xanadu Mines, potentially impacting the company’s strategic direction and influencing shareholder dynamics.
More about Xanadu Mines Ltd
Average Trading Volume: 8,898,668
Technical Sentiment Signal: Buy
Current Market Cap: A$182.2M
Learn more about XAM stock on TipRanks’ Stock Analysis page.