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The latest update is out from Xanadu Mines Ltd ( (AU:XAM) ).
Xanadu Mines Limited has seen a change in the voting power of its substantial holder, Mr. Ganbayar Lkhagvasuren, whose interest increased from 73.59% to 78.91% of the company’s shares. This increase is due to the acceptance of a takeover offer made by Bastion Mining Pte. Ltd, which has not yet been fully executed, as the shares have not been transferred to Bastion despite the offer being declared unconditional.
More about Xanadu Mines Ltd
Average Trading Volume: 8,898,668
Technical Sentiment Signal: Buy
Current Market Cap: A$182.2M
For an in-depth examination of XAM stock, go to TipRanks’ Overview page.