Yes their overheads are insane, it should be $1m max for all G&A costs.
1 person doing effectively 1 day of work per week should be able to run this company.
It would be increadible to see what they do on a day to day basis. Surprised major shareholders aren't kicking up a stink.
Apart from that, much prefer the risk reward here to owning RIO/BHP/FMG.
Ann: Dividend/Distribution - DRR, page-8
Add DRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.96 |
Change
0.080(2.06%) |
Mkt cap ! $2.093B | |||
| Open | High | Low | Value | Volume |
| $3.93 | $3.98 | $3.92 | $3.276M | 828.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 14941 | $3.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.96 | 18009 | 5 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| DRR (ASX) Chart |