Hi decrisper
From your figures NP after abnormals $7.6M giving PE of just over 4. Using the pre abnormal figure of $12.5 gives PE of 2.6.
Starting in 6 months the TBR/RND share of gold output is going to increase from 75koz to 125koz, with a capital cost of just $10M. Central costs should remain unchained.
This should give a PE of about 0.5.
Now factor in that RND own 25,500oz of gold worth $35M.
Now factor in RND own 13M TBR share worth $40M+.
Giving an EV of about negative $45M.
RND is not overvalued on any measure.
Cheers
W
-
- There are more pages in this discussion • 15 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 NST (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$15.90 |
Change
0.060(0.38%) |
Mkt cap ! $18.27B | |||
| Open | High | Low | Value | Volume |
| $15.79 | $15.98 | $15.62 | $41.11M | 2.594M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14299 | $15.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.92 | 628 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| NST (ASX) Chart |