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0.00% 8.6¢ gwr group limited

Iron Ore price dropped 20% from 216 to 180 usd/t Last Quarter at...

  1. mastroooo
    322 Posts.
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    02/08/21
    10:55
    Post #: 54955524
    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

    GWR Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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