GWR 1.16% 8.7¢ gwr group limited

Ann: June Quarter Activities Report and Appendix 5B, page-23

  1. 322 Posts.
    lightbulb Created with Sketch. 149
    Iron Ore price dropped 20% from 216 to 180 usd/t

    Last Quarter at $215 62% IO we had: $278 Revenue - $37 shipping - $120 Costs = $121 profit * 70% = $84 p/t profit for GWR

    This Quarter at $180 62% IO we are: ~$222 Revenue - $37 shipping - $120 Costs = $65 profit * 70% = $46 p/t profit for GWR

    3 days of IO retrace was all it took to cut our profits in half

 
watchlist Created with Sketch. Add GWR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.