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13.0¢ torrens mining limited

Wow, really could that be true? If true, that's good...

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Girish

38 Posts.

1

23/03/21

19:22

Post #: 51984052
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Originally posted by Ajjax: ↑

So TRN owns 30% of COD which has a market cap of $36m. TRN's stake is thus worth $12m. TRN's mkt cap now is $18m.
Ergo, TRN minus its stake in COD is worth $6m. TRN's cash balance as of 31/12 is $10
million. That means TRN has a NEGATIVE EV of $4m?

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Wow, really could that be true? If true, that's good analysis!

TRN Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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