The spot price is iron ore's current cash cost for immediate purchase and delivery at today's price (~$215/t and is available to monitor daily here https://www.marketindex.com.au/iron-ore).
Morgan Stanley have applied a discount rate to determine a valuation based on forecast production at today's spot, which is almost double where the current share price is.
Morgan Stanley - DRR Spot Price vs Trading Price, page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.99 |
Change
-0.020(0.50%) |
Mkt cap ! $2.109B | |||
| Open | High | Low | Value | Volume |
| $4.01 | $4.04 | $3.96 | $8.474M | 2.118M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 46260 | $3.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.01 | 44479 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DRR (ASX) Chart |