Page 67 of the most annual report - royalty assets are carried at cost as it's an intangible asset on the balance sheet. Book values of assets rarely align with current day valuations - especially in mining, it's more of a tax/accounting metric. It's probably a good thing for shareholders since DRR pay dividends out on NPAT, so larger carrying values would result in higher depreciation chargers and lower NPAT (so less dividends!)
Ann: Half Year Results Presentation, page-7
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.85 |
Change
-0.050(1.28%) |
Mkt cap ! $2.045B | |||
| Open | High | Low | Value | Volume |
| $3.89 | $3.91 | $3.83 | $3.179M | 822.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 19111 | $3.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.86 | 21095 | 30 |
View Market Depth
| Last trade - 14.45pm 30/07/2024 (20 minute delay) ? |
| DRR (ASX) Chart |