Mr Market sees minus 2% transported volume and is not happy; but if you read the entire report all is 'as expected' and very line ball with previous years; the coal lower volumes offset by the bulk (iron ore) higher volumes
I dont see a negative (but I dont see a positive); just boring same old, same old; if the price sits in the 4.20 range with the dividends as they are (6.5% plus franking) you cant really complain; mind you, there will not be any growth going on, I guess. Perhaps they can share buy back forever and the dude (me or you) holding the last share has it worth a few million
Ann: Quarterly Above Rail Volumes, page-2
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$3.50 |
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Mkt cap ! $6.442B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 45108 | $3.49 |
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| Price($) | Vol. | No. |
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