Yep, completely acknowledge that in my haste they actually aren't that reflective of the "profit" the company will make.
2 additional points,
- I forgot to deduct the $160m growth capital from the $575m "profit" that is called out in the slides - so more like $415m "profit" (but as you said, not actually profit)
- although the hedge book (thankfully) gets lower each quarter, I believe the company has made the amount consistent across all remaining payments here on out, so it is more like a fixed cost.
Let's say $115m in "other costs" gives us a "profit" of $300m.
$1,600m market cap / $300m "profit" = PE of 5.3.
Completely, and utterly bonkers.
Again, apologies for misleading anyone.
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Last
$4.48 |
Change
-0.015(0.33%) |
Mkt cap ! $3.376B |
Open | High | Low | Value | Volume |
$4.47 | $4.53 | $4.45 | $1.832M | 408.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 11787 | $4.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.48 | 10741 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 18661 | 4.470 |
19 | 30248 | 4.460 |
15 | 43407 | 4.450 |
14 | 48405 | 4.440 |
6 | 12723 | 4.430 |
Price($) | Vol. | No. |
---|---|---|
4.480 | 1603 | 9 |
4.490 | 17534 | 23 |
4.500 | 27456 | 11 |
4.510 | 34382 | 17 |
4.520 | 36257 | 8 |
Last trade - 10.48am 27/06/2025 (20 minute delay) ? |
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