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$4.49 tribune resources limited

Whilst I agree with you on the opaque reporting style, the share...

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long_haul

428 Posts.

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15/04/24

21:57

Post #: 73357472
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Originally posted by jogo: ↑

And yet, it is as though the bullion holdings are hidden from investors. They have to dig into the annual accounts to find these and they are consistently excluded from the cash and equivalents in quarterly reports.
Clearly, the controlling shareholder(s) assign no value to retail holders but expect them to be satisfied with a depressed SP in the face of a surging POG and a dividend yield that is admittedly above the norm for gold producers.
As evidence of the disregard for other shareholders, just look at the SP performance in the chart below over a period when the POG has been holding its own, and then increasing, whereas only lately has the SP responded. Even so, it is so very much behind the POG increase.

As for Ghana and The Philippines, it is as though these do not exist

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Whilst I agree with you on the opaque reporting style, the share price reaction (or lack thereof) as it relates to gold is not unique to TBR. The charts of other gold producers on the aSX are very similar. As examples, two others that I own in WAF and RSG, have both moved in a similar fashion. So I don't think any blame can be caste upon management in that department as it's beyond their control.

Last edited by long_haul: 15/04/24

TBR Price at posting: $4.49 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $4.49		Change 0.000(0.00%)		Mkt cap ! $235.5M

Open	High	Low	Value	Volume
$4.48	$4.49	$4.34	$93.08K	21.29K

Buyers (Bids)

No.	Vol.	Price($)
1	50	$4.48

Sellers (Offers)

Price($)	Vol.	No.
$4.49	2393	3

View Market Depth

No.	Vol.	Price($)
1	50	4.480
1	89	4.340
1	125	4.100
1	5000	4.000
1	1566	3.980

Price($)	Vol.	No.
4.490	2393	3
4.500	8828	2
4.510	1	1
4.520	2001	2
4.530	2692	3

Last trade - 16.10pm 07/05/2024 (20 minute delay)


Last $4.41			Change 0.000 ( 1.34 %)
Open	High		Low	Volume
$4.48	$4.48		$4.35	2133
Last updated 15.59pm 07/05/2024 ?

TBR (ASX) Chart

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