Its definitely the drop in Iron Ore. $220 to $160. Having said that the AUD is back below USD$0.74 which would be a tailwind for us. Also production levels from mining area C will continue to ramp up.
I think the market is still hesitant given its a pure royalty play. I think its interesting buying at these prices if you are happy with a solid +5% div yield into the future.
- Forums
- ASX - By Stock
- DRR
- Deterra dropping
Deterra dropping, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRR (ASX) to my watchlist
|
|||||
Last
$4.06 |
Change
-0.050(1.22%) |
Mkt cap ! $2.146B |
Open | High | Low | Value | Volume |
$4.10 | $4.11 | $4.00 | $16.85M | 4.158M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 173588 | $4.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.06 | 106197 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1313 | 4.040 |
2 | 2350 | 4.030 |
4 | 8014 | 4.020 |
3 | 4313 | 4.010 |
6 | 13463 | 4.000 |
Price($) | Vol. | No. |
---|---|---|
4.080 | 1313 | 1 |
4.090 | 1313 | 1 |
4.100 | 1313 | 1 |
4.110 | 1313 | 1 |
4.120 | 1313 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
DRR (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online