If XE break 0.24, thenToday, If Xe break over 0.24, then, the posible of a take over bid follow:
Xemplar interest
Rio Tinto is interested in buying Xemplar (XE), a Canadian uranium explorer with operations in Namibia, according to a report in The Sunday Express. Rio wants an independent verification of a Xemplar site in Namibia before bidding, the newspaper reported.
The group had a market capitalization of C$737 million ($742 million) as of Friday, but is worth close to $2 billion, according to Marc Elliott, an analyst at Fairfax in London.
Besides Rio, France's Areva (004524) or a Chinese firm may have interest in buying Xemplar, Elliott added.