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3.26%

$4.75 tribune resources limited

Ann: Amended Share Buy Back notification, page-21

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maersk

125 Posts.

6

01/10/18

07:42

Post #: 35940839
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Originally posted by Bequick ↑

I also agree with a number of the other contributors who question whether there is a "fair" market in both TBR and RND.

There is no doubt the ASX should be taken to task over this matter.

It is impossible to ascertain any value for either company without knowing the estimated annual production and estimated All In Sustaining Costs (AISC) and also how many physical ounces are left in the inventory.

I note that the 2018 Annual Report for RND declares a NPAT of $22m. What a great result. But it is historical and we should be given some guidance as to what to expect for the end of FY2019.
For some reason the TBR Annual Report has not been released. I presume it should be online before the market opens on 1st Oct. Hopefully that will also be a good result and a possible indicator of things to come.

So given that things have opened up a little in terms of transparency why dont the Directors update and fully inform the market as to guidance for 2019 and ounces left in inventory.

Is it that hard?

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Am pretty sure that TBR is suspended if the accounts aren't posted before opening today.

TBR Price at posting: $5.61 Sentiment: None Disclosure: Held
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(20min delay)
Last $4.75		Change 0.150(3.26%)		Mkt cap ! $230.8M

Open	High	Low	Value	Volume
$4.60	$4.75	$4.59	$10.06K	2.151K

Buyers (Bids)

No.	Vol.	Price($)
1	14	$4.49

Sellers (Offers)

Price($)	Vol.	No.
$4.75	1	1

View Market Depth

No.	Vol.	Price($)
1	1100	4.850
1	2079	4.800
2	2250	4.600
1	538	4.500
1	550	4.310

Price($)	Vol.	No.
4.960	1	1
4.970	2	1
5.120	1000	1
5.200	200	1
5.500	100	1

Last trade - 15.08pm 28/11/2024 (20 minute delay)

TBR (ASX) Chart