Short Term Trading Week Starting: 23 Aug, page-53

STTCOMP GRR FA Long
MC $728 mill
SP $.65
Iron pellet producer
Cash and receivables: 497 mill as at 30 June
debt: 0
interim divi: 2c

catalyst: just made 200 mill for half year and probably go close to doing it again for the second half.

asset backing of 77 cents per share as per yesterday’s announcement.

has fallen from 91c to a low of 62c on back of iron ore pullback but still making over $120 a tonne at current price (producing 2.5 mill tonnes a year). Further holders expected a bigger interim divi.

all my opinion, not advice, do your own research