GWR
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0.00% 8.6¢ gwr group limited

I have been somewhat optimistically following GWR for several...

  1. Hotduck
    55 Posts.
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    02/05/22
    18:16
    Post #: 61154436
    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
    GWR Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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