TER 0.00% 18.0¢ terracom limited

Assuming, US$50 FOB costs means a AU$ margin of $38. That means...

  1. 1,299 Posts.
    lightbulb Created with Sketch. 216
    Assuming, US$50 FOB costs means a AU$ margin of $38. That means about AU$2.4M profit. TER only receives their ownership share of 49% though.

    The half yearly said 87,000t was exported in January. I'm not sure how that relates to the current announcement. Maybe they were sold but not yet shipped?

    2018 TER exported about 500,000t, 2019 was 300,000t. You would think for the 'export strategy' to be material TER would be aiming for an export of 1Mt. 1Mt of export (with the estimated margin of AU$38) is pretty material to TER.
 
watchlist Created with Sketch. Add TER (ASX) to my watchlist
(20min delay)
Last
18.0¢
Change
0.000(0.00%)
Mkt cap ! $144.1M
Open High Low Value Volume
18.0¢ 19.0¢ 18.0¢ $303.2K 1.657M

Buyers (Bids)

No. Vol. Price($)
10 528384 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 25438 2
View Market Depth
Last trade - 16.10pm 06/08/2024 (20 minute delay) ?
TER (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.