Credible result in a difficult time for the company.
Worst is over IMO - grades up soon (which means pellet premium also goes up) and AUD down.
Dividend is positive as it shows Directors confident in outlook.
Only a price collase in IO standing the way, and there is debate about the reality of that, but I suspect that if China slows too much the AUD will fall more, so some cushion.
when is financial reporting ?, page-21
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Last
27.5¢ |
Change
0.025(10.0%) |
Mkt cap ! $318.2M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 27.5¢ | 25.0¢ | $772.9K | 2.954M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 177842 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 233374 | 6 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| GRR (ASX) Chart |