As I see it when looking at the financials for the last full...

As I see it when looking at the financials for the last full year reports we have

TBR                            RND

Current SP                                           $3.20                           $0.53
Total debt                                             $7.0M                          $$1.75M
Cash                                                    8.793M                        $2.05M
Shares outstanding                              50.2M                          60.8M

Per share stats.
Sales                                                    $2.05                           $$0.44
Earnings                                               $0.534                         $0.205

Gross revenue                                      $106.4M                      $26.9M
Net Profit before abnormals                  $27.8M                        $12.5M
Net Profit after abnormals                     $27.8M                        $7.6M

I believe the 'low' SP for RND is being influenced by those last few figures (revenue, NP before/after abnormals) and that RND has 20% more shares on issue and the question - will there be any abnormals for RND in the 2013/14 full year financials?

As I see it TBR may be slightly overvalued and RND slightly undervalued.

DYOR