$60 m cash in bank just after end sept quarter
plus net working capital, several million
plus $4.5m marketable securities (largely 6.6percent of BRN
over $70m of liquid (ish) assets
maybe they’ve burned, what, $15m in oct/nov
roughly $50m - 60m enterprise value on that basis
stop the cash bleed and Renison will pay that back in 18 months. Just providing some very crude perspective.
$60 m cash in bank just after end sept quarterplus net working...
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Last
59.5¢ |
Change
-0.030(4.80%) |
Mkt cap ! $527.4M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.8¢ | 59.0¢ | $1.780M | 2.944M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2750 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 7033 | 1 |
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| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |