The 8 for 1 offer was based on the CXU share price of 27c on the 14 March 2013 that according to CXU represented a 30% premium. Since then the CXU share price has dropped 60% to 11c.
I'm guessing that we would need at least 27c by August to allay any EMX shareholder fears assuming that EMX doesn't hit pay dirt in the meantime.
price to book value and opacity concerns.., page-7
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.75M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $24.12K | 1.608M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1652239 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 250000 | 1 |
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| Last trade - 15.53pm 18/11/2024 (20 minute delay) ? |
| CXU (ASX) Chart |
