DRR takes 1.23% of revenue, irrespective of the price
FMG - Profits are what's left after expenses
If iron ore is USD$30t, 1.23% is still 1.23%
DRR is really just a porn shop for miners, providing credit now, for a cut of the proceeds later.
if they don't make it, Franco- Nevada will consume them
Ann: Investor Presentation, page-5
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Last
$4.06 |
Change
0.010(0.25%) |
Mkt cap ! $2.146B | |||
| Open | High | Low | Value | Volume |
| $4.05 | $4.08 | $4.03 | $3.876M | 955.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 30388 | $4.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.07 | 7908 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| DRR (ASX) Chart |