Interesting doing the maths on this company, usually you would use 50m shares as the base to do the market cap and earnings per share, however with the top shareholder RND owning 11.9m shares - and TBR owning 43.85% of RND this effectively consolidates the register (opposite of dilution) as shareholders have claim to this RND holding.
So any current analysis per share should be factored up by ~11.6%, as the market cap consolidated is effectively 44.8m shares 50m - (11.9 x 43.85%) = ~44.8m. ((50 / 44.8) - 1) = 11.6%
The rights issue underwriting of RND has had a buyback effect.
Looking forward to the half yearlies later this month! Expecting strong EPS that I'll be adding 11.6% to.
Interesting doing the maths on this company, usually you would...
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Last
$3.42 |
Change
0.090(2.70%) |
Mkt cap ! $179.4M | |||
| Open | High | Low | Value | Volume |
| $3.40 | $3.42 | $3.40 | $4.059K | 1.188K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5694 | $3.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.90 | 5000 | 1 |
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| Last trade - 15.05pm 12/07/2024 (20 minute delay) ? |
| TBR (ASX) Chart |