I'm a little late with this one, but in the annual report 18 September, the NAV of the business is listed as ~$14m, but the current Market Cap is $9m. So essentially the business is currently 50% undervalued if you believe in its long term potential.
I'm in for about $4000 at the moment, at a cost of 3c per share and thinking of tapping in some more as a decade long hold. The gold holding and the deal with DLI looks to be very positive for the business.
What the overall sentiment on the report?
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Last
1.4¢ |
Change
0.002(12.0%) |
Mkt cap ! $12.24M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $120.5K | 9.187M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1189767 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1230956 | 5 |
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| Last trade - 11.09am 10/09/2025 (20 minute delay) ? |
| RR1 (ASX) Chart |