You only have to look at DRR to see just how profitable Royalty companies are:-
DRR 8% FF dividend 150% ROE
They don't dig holes and pay a fortune for mining equipment - just sit back and skim the cream.
Unfortunately it is better sometimes to pay the Piper than go out the back door.
General discussion inc SP movement, page-207
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Last
6.5¢ |
Change
-0.004(5.80%) |
Mkt cap ! $136.2M | |||
| Open | High | Low | Value | Volume |
| 6.8¢ | 6.8¢ | 6.5¢ | $190.5K | 2.870M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1461518 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 43423 | 1 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| HGO (ASX) Chart |