What the next update won't tell you is the potential for BRL to make double the current market cap next time the Bowen has any downtime from a severe cyclone. It will have periods of incredible cash flow and all I'll have to do is sit and wait. Personally I'll judge the Board on its ability to manage the downtimes, which at present seem less likely given BRL's expected FOB margin to current spot and improving broad based world growth economic indicators.
Although plenty of bad advice (judgement calls) is often given for free such as above, I'm happy to be an owner so long as the Board continues to show they're being business like.
Ann: Company Update, page-162
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Last
70.0¢ |
Change
-0.025(3.45%) |
Mkt cap ! $133.9M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 73.0¢ | 70.0¢ | $14.55K | 20.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52 | 70.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 24314 | 1 |
View Market Depth
| Last trade - 15.06pm 01/11/2024 (20 minute delay) ? |
| BRL (ASX) Chart |