FZR
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0.00% 13.0¢ fitzroy river corporation ltd

Ann: Quarterly Activities Report, page-2

  1. seboya
    427 Posts.
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    31/07/20
    10:36
    Post #: 46208744
    CPI for March 1991 quarter was 58.9; last month's was 114.4.

    114.4 / 58.9 = 194.2%, ergo buyout value of Blackwater royalty = $5,000,000 * 194.2% = $9,710,000
    FZR Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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