Just bought into this.
To restate the obvious (and what has already been commented on) -
Market cap - atlas holding - cash reserves = about $1-2M
If you took away the AGO holding, a company with similar results & cash would have a market cap of about $10-15M as a minimum.
So I think it is 33-50% undervalued right now.
hnr query, page-6
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RIL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.002(100%) |
Mkt cap ! $10.92M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.2¢ | $31.12K | 10.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3127719 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 10129787 | 29 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| RIL (ASX) Chart |