GWR 0.00% 8.6¢ gwr group limited

Ann: March Quarterly Report and Appendix 5B, page-5

  1. 1,408 Posts.
    lightbulb Created with Sketch. 562
    Its ridiculous the WMT / DMT & some metrics reported in AUD vs others in USD.

    What can be derived from the 5b is that they finally made some money... Wouldnt pay out a profit share if there wasnt any....

    Now to get a spreadsheet together to try and determine if this is real and at what price it is sustainable.

    https://hotcopper.com.au/data/attachments/4315/4315485-9fc7615ce06c24ceabab24778c0cde96.jpg

    So if its 70% retained based on the above basic calc would mean $907k profit for the qtr.
    @Hotduck my basic calcs would suggest the dry to wet ratio is 97.62% dry to one wet so 2.38% variance (again using profit share amount as base) but I need to go over all the older reports to validate.

    @wilef I couldnt agree more. In the spin off announcement Gary said it would allow "focus" on the IO asset... Clearly recent actions do not reflect this...

    @3179 its a lot better than the last 2 on face value.

    GLAH
 
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