TBR has a PE of 9.6 (it's sister RND has an unbelievable PE of 2.1). NST is grossly overvalued with a PE of 41.5, and EVN's PE is at 27.2.
Stay with the fundamentals (of profit), if TBR dips it is purely due to the small volume of trading stock. Billis runs a very tight ship and no-one wins more than him with a strong SP, which means the shareholders win also.
One quarterly report will make no difference. NST and EVN won't exit - TBR is probably their best investment! I'm sure if they wanted out TBR would (again) have a share buy-back scheme to take them out. While the likes of NST continue to capital raise and dilute shareholders - TBR want's less shares on issue to strengthen shareholders.
The only report that really matters is the Balance sheet - debt free and full of cash.
Ann: Quarterly Activities & Cashflow Report - September 2019, page-35
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Last
$3.94 |
Change
0.290(7.95%) |
Mkt cap ! $206.7M | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.94 | $3.65 | $23.04K | 6.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1664 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.95 | 1240 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| TBR (ASX) Chart |