Simply put the company has 120m in gold and silver bullion at the Perth mint - to establish this is a long process of interpreting the company statements going back to the super dividend payment of 1.50 ff that Rand payed out a few years ago.
The Negative 40m EV relates to the SP x outstanding shares which is 85m atm =-(35m)
meaning that the market is valuing RNDs gold at a discount and it’s tenements at less than zero!
Rand has been thwarted by NST at every turn since TBR/RND rejected the 150m offer for what is worth closer to 600m yet Rand continues to pay its bills and stack bars!!!!!!!
Simply put the company has 120m in gold and silver bullion at...
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Last
$1.51 |
Change
0.000(0.00%) |
Mkt cap ! $85.88M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 1100 | 1 |
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| Last trade - 16.12pm 28/06/2024 (20 minute delay) ? |
| RND (ASX) Chart |
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