GWR 0.00% 8.7¢ gwr group limited

Ann: March Quarterly Report and Appendix 5B, page-2

  1. 55 Posts.
    lightbulb Created with Sketch. 15
    I have been somewhat optimistically following GWR for several years, I have even been at Geraldton watching the trucks unload, but after about a year of shipping this is disturbing.
    Sales at A$145.15 dmt .. DRY metric tonnes
    C1 FOB A$135.2 wmt WET metric tonnes
    At first glance a mere $9.95 profit per tonne ... but NO it is worse!
    Quoted Cost is WET and sales price was DRY. How many WET tonnes make a DRY tonne?
    What is the moisture content of WET? Not quoted! If it is more than 7.36% then they are making a loss on every tonne.
    Surely this is misleading reporting! Of course please correct me if I am wrong in my assessment
    https://hotcopper.com.au/data/attachments/4308/4308970-d585a5967e3c8d2822fd4c6db875d043.jpg
 
watchlist Created with Sketch. Add GWR (ASX) to my watchlist
(20min delay)
Last
8.7¢
Change
0.000(0.00%)
Mkt cap ! $27.94M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 150000 8.8¢
 

Sellers (Offers)

Price($) Vol. No.
9.4¢ 1250 1
View Market Depth
Last trade - 16.11pm 21/06/2024 (20 minute delay) ?
GWR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.