RRL

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$1.67 regis resources limited

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johnny83

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23/02/22

07:53

Post #: 59748499
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Originally posted by GermanInvestor: ↑

"The report states Net Tangible Assets per Share as 31/12/21 - $2.10 and 31/12/20 - $1.75.
The report from this time last year states - 31/12/20 - $0.66 and 31/12/19 - $0.59
How has the Net Tangible Assets per Share figure for 31/12/20 increased by 250% since last years H1 results. Sorry if this is a dumb question, but shouldn't this figure stay the same? "The most likely explanation is that in order to get comparable figures of the Tropicana-acquisition (even if concluded in 2021) were incorporated into the 31/12/20 figures. Otherwise the asset per share figure in comparison would be distorted and misleading.

Also as to the question of the massive D/A-increase and the reduced overall profitability (%-figure earnings/turnover): Most of the payment on the Tropicana acquisition naturally has been capitalized and now has to be written off. The proiftability of Tropicana after D/A was bound to be lower than the rest of the business (which is probably an important reason why market has been very reluctant to greet that event with warmth) and therefore overall profitability (as a relative term to turnover) is lower. Unfortunately other reasons (especially overakk rising costs/AISC) have added to that development.

Except for the write downs on stock piles these figures largely were to be expected. Also RRL is investing much more than in previous times. With rising GOP that should pay off mid-term.
gltah

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RRL Price at posting: $1.97 Sentiment: Sell Disclosure: Held
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Last $1.67		Change -0.060(3.48%)		Mkt cap ! $1.257B

Open	High	Low	Value	Volume
$1.70	$1.70	$1.66	$9.199M	5.506M

Buyers (Bids)

No.	Vol.	Price($)
7	92731	$1.67

Sellers (Offers)

Price($)	Vol.	No.
$1.67	41930	4

View Market Depth

No.	Vol.	Price($)
1	8999	1.665
10	74491	1.660
7	43677	1.655
14	111885	1.650
1	4326	1.645

Price($)	Vol.	No.
1.675	14326	2
1.680	4326	1
1.685	4326	1
1.690	10326	2
1.695	47426	4

Last trade - 16.10pm 26/07/2024 (20 minute delay)

RRL (ASX) Chart

Thanks for the reply.

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