Update: Gold at $1,585; TBR at $5.05; RND at $1.65.
The consolidated gold holdings would be about 205k ozs after adding gold accumulated since mid year. About $325M.
TBR mkt cap is $252.5M.
RND mkt cap is $99.2M
Total $351.8M.
To determine the value of shares held by external shareholders we need to eliminate the cross holdings. This should be done because ultimately everything owned by the 2 companies is owned by the external shareholders
The 44% TBR owns of RND is worth $43.9M.
The 26% RND owns of TBR is worth $66.4M.
Total $110.3.
$351.8M less $110.3M equates to $241.5M
Therefore the combined external shareholders of the 2 companies own gold valued at $325M and the value of their shareholdings is worth $241.5.
The gold value has increased by $28M to $84M or 33% above the combined market cap.
Gold on Hand Worth MORE than Mkt Cap!, page-41
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Last
$4.75 |
Change
-0.180(3.65%) |
Mkt cap ! $230.8M | |||
| Open | High | Low | Value | Volume |
| $4.93 | $4.93 | $4.75 | $76.85K | 15.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4599 | $4.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.84 | 1072 | 1 |
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| Last trade - 14.32pm 25/11/2024 (20 minute delay) ? |
| TBR (ASX) Chart |
