Australia's largest stock trading and investment forum Australia's #1 stock forum

RAN

Click for more information

0.00%

0.6¢ range international limited

Richard Jenkins head of the ASX and Macquarie bank for 20 years....

First 21 Last

Share
Profile

Follow
Tian8824

1,983 Posts.

118

26/08/21

13:33

Post #: 55592731
Share

Originally posted by Emty1: ↑

Some quick numbers shows value here:

Before CR: $5mil market cap (@1.1cents), 450k SOI, approx $500k in cash. Market cap 10 times cash position.

After CR: $7.2mil market cap (@0.8cents), 900k SOI, approx $4mil in cash. Market cap 1.8 times cash position.

This could still fail, but as far as risk vs reward goes, this is pretty decent. RAN make or break over the next 12months. I doubt they get a second go at this if in 12 months time they are not cash positive. Director seems pretty committed.

Expand

Richard Jenkins head of the ASX and Macquarie bank for 20 years. His Shell Cove capital Management having 400k shares in the company. He would know a thing or 2 about maximizing shareholder value and maximising the value of his own portfolio. Our interests are aligned. Outsiders can go away. I see you guys when RAN is 1000x to 3B market cap. Just the size of a typical “small” ASX Lithium company...

Last edited by Tian8824: 26/08/21

RAN Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The winners & losers on market if negative gearing were gone

The market's shrugged at China's stimulus measures all year. Why is this one different?

There are more pages in this discussion • 99 more messages in this thread...

First 21 Last

Add RAN (ASX) to my watchlist