RND 2.87% $2.15 rand mining limited

seriously cheap or not?

  1. 1,459 Posts.
    lightbulb Created with Sketch. 2
    Has;

    . 11 million TBR (current market value $34 million and probably undervalued)
    . a pile of gold at the Perth Mint
    . a share of a profitable WA gold mine with corporate possibilities
    . the sword of damiscles hanging over it with a potential share issue for an African iron ore acquisition

    Any views on value?

    I'll have a stab that 70c ($42m cap) is the point to start lightning with a full exit at $1 ($60m~).
 
watchlist Created with Sketch. Add RND (ASX) to my watchlist
(20min delay)
Last
$2.15
Change
0.060(2.87%)
Mkt cap ! $92.70M
Open High Low Value Volume
$2.15 $2.18 $2.07 $153.1K 71.65K

Buyers (Bids)

No. Vol. Price($)
1 82 $2.15
 

Sellers (Offers)

Price($) Vol. No.
$2.18 21120 2
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
RND (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.