RSG 1.23% 40.0¢ resolute mining limited

Ann: Production Update December Quarter, page-62

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  1. 1,193 Posts.
    lightbulb Created with Sketch. 47
    Sonkin Ratio = (Market capitalisation – Cash + Debt) / EBIT(1– Tax rate) The Sonkin Ratio is the multiple of tax-adjusted operatingearnings an investor would pay for the stock. Or, how much an investor wouldhave to pay for every dollar of operating earnings. Here are 10 of the cheapest companies on the ASX and their SonkinRatios. HT&E Ltd (ASX: HT1) – 3.05 Resolute Mining Limited (ASX: RSG) – 5.18 
    Based on that..I'm surprised you don't have BUY sentiment .. what's holding you back?

    Again the Sonkin Ratio = (Market capitalisation – Cash + Debt) / EBIT(1– Tax rate) The Sonkin Ratio is the multiple of tax-adjusted operatingearnings an investor would pay for the stock. Or, how much an investor wouldhave to pay for every dollar of operating earnings.

    Resolute Mining Limited (ASX: RSG) =$ 5.18 

    Then factor in the sale of Ravenswood and London listing.. 

    only blue sky from here..IMHO

    Last edited by stoneral33: 12/01/19
 
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Last
40.0¢
Change
-0.005(1.23%)
Mkt cap ! $1.543B
Open High Low Value Volume
40.5¢ 40.5¢ 37.5¢ $22.35M 57.19M

Buyers (Bids)

No. Vol. Price($)
2 14881 39.5¢
 

Sellers (Offers)

Price($) Vol. No.
40.0¢ 668567 8
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