According to the report and If my calculations serve me correctly RAND could afford to pay upto 68.5c as a FF dividend. This would need to be funded by Gold sales from the bullion holdings which seem to be valued at $107m +or- 10% and assuming gold is around Aud$2500 according to the report.
Good reading and food for thought as far as I’m concerned.
Ann: Annual Report to shareholders, page-2
Add RND (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.47 |
Change
-0.030(2.01%) |
Mkt cap ! $83.32M | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.49 | $1.47 | $5.139K | 3.503K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2458 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 1100 | 1 |
View Market Depth
| Last trade - 10.22am 17/07/2024 (20 minute delay) ? |
| RND (ASX) Chart |