DRR 0.25% $4.01 deterra royalties limited

Earnings & IO Price Thread

  1. 392 Posts.
    lightbulb Created with Sketch. 270
    Many other stocks with this thread so let me kick this off.

    Was looking to sell at above 4 but missed the chance, been kicking myself since Iron Ore has crumbled from 125 to 95 since then, but amazingly DRR is not too badly down.

    Should I sell now while I have the chance?

    Approx Dividend Calc for the year. They've done 60M Q1, BHP is on track for 55-60M DMT in last 3 quarters, let's take low range to be safe.

    Divi = 60 + (55M DMT x 85 (average price assumption for rest of year) / AUD/USD 0.75 * 0.01232) - 6M = 60M + 76M - 6M (Board fees) = 130M

    So Gross Yield incl. Franking of 6.5%, or Normal Dividend Yield (ex Franking of 4.6%). Bit below the big 4 banks at current prices.


    https://hotcopper.com.au/data/attachments/3753/3753447-5891bc05fec94007a3f1a9ccd35aecba.jpg
 
watchlist Created with Sketch. Add DRR (ASX) to my watchlist
(20min delay)
Last
$4.01
Change
-0.010(0.25%)
Mkt cap ! $2.119B
Open High Low Value Volume
$4.00 $4.02 $3.93 $7.324M 1.841M

Buyers (Bids)

No. Vol. Price($)
3 26870 $4.01
 

Sellers (Offers)

Price($) Vol. No.
$4.02 48080 7
View Market Depth
Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
DRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.