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
I have been somewhat optimistically following GWR for several...
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Last
9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.51M | |||
| Open | High | Low | Value | Volume |
| 9.1¢ | 9.5¢ | 9.1¢ | $7.945K | 86.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17025 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 26315 | 1 |
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| Last trade - 11.13am 24/05/2024 (20 minute delay) ? |
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Last
9.2¢ |
Change
0.000 ( 8.00 %) |
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| Open | High | Low | Volume | ||
| 9.2¢ | 9.2¢ | 9.2¢ | 8893 | ||
| Last updated 10.56am 24/05/2024 ? | |||||
| GWR (ASX) Chart |