RRS 0.00% 0.1¢ range resources limited

huh?? PE less than 1????PE is calculated on profite divided by...

  1. 3,628 Posts.
    huh?? PE less than 1????

    PE is calculated on profite divided by shares issued, not market cap.

    Market cap of $48 million and share price of 2.8 cents means about 1.7 BILLION shares on issue.

 
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Currently unlisted public company.

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