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
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Last
$3.65 |
Change
-0.030(0.82%) |
Mkt cap ! $1.929B | |||
| Open | High | Low | Value | Volume |
| $3.68 | $3.69 | $3.62 | $4.164M | 1.142M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9517 | $3.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.65 | 15381 | 3 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| DRR (ASX) Chart |