tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Bastion Mining’s Unconditional Takeover of Xanadu Mines

Story Highlights
Bastion Mining’s Unconditional Takeover of Xanadu Mines

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Xanadu Mines Ltd ( (AU:XAM) ) has issued an announcement.

Bastion Mining Pte. Ltd. has announced that its takeover bid for Xanadu Mines Limited is now unconditional, with Bastion holding 92.12% of Xanadu’s voting power. This development signifies a significant shift in ownership and control, potentially impacting Xanadu’s strategic direction and its stakeholders.

More about Xanadu Mines Ltd

Average Trading Volume: 7,918,498

Technical Sentiment Signal: Buy

Current Market Cap: A$183.3M

For detailed information about XAM stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1