You realise the June quarter was also sold at 61.5% fines? The % that they achieve is variable.
June quarter - Fines 61.5%, Lump 64.3%
Sept quarter - Fines 62.2%, Lump 64.8%
Dec quarter - Fines 61.6%, Lump 64.4%
This whole 62% vs 61.6% fines issue has been overblown IMO. The issue is around recognition of cash in the Dec quarter, rather than profit, as running the calcs myself, I still believe they were profitable in the Dec quarter, just there were various timing issues that have resulted in cash not mirroring that profit result in the quarter.
Ann: Quarterly Activities Report, page-130
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Last
28.0¢ |
Change
0.005(1.82%) |
Mkt cap ! $201.7M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 26.5¢ | $738.3K | 2.667M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 69813 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 171440 | 10 |
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| Last trade - 15.56pm 02/09/2024 (20 minute delay) ? |
| FEX (ASX) Chart |