Hudson Resources has about 106 million shares on issue and the stock closed at $0.21 today giving it a market capitilisation of about $22 million. When you complete a sum of all parts, that is, all of it's investments it is substantially above the market capitilisation. Hudson Resouces has main investments of:
- 55,600,000 shares in Australian Bauxite (ABZ) @ $0.50 = $27,800,000
- 31,800,000 shares in Tiaro Coal (TCM) @ $0.45 = $14,310,000
- Cash, property, potential royalties etc.