Its definitely the drop in Iron Ore. $220 to $160. Having said that the AUD is back below USD$0.74 which would be a tailwind for us. Also production levels from mining area C will continue to ramp up.
I think the market is still hesitant given its a pure royalty play. I think its interesting buying at these prices if you are happy with a solid +5% div yield into the future.
- Forums
- ASX - By Stock
- DRR
- Deterra dropping
Deterra dropping, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRR (ASX) to my watchlist
|
|||||
Last
$3.69 |
Change
-0.140(3.66%) |
Mkt cap ! $1.950B |
Open | High | Low | Value | Volume |
$3.83 | $3.85 | $3.67 | $8.266M | 2.200M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 6499 | $3.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.70 | 18866 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 6499 | 3.690 |
3 | 4819 | 3.680 |
6 | 12807 | 3.670 |
8 | 38634 | 3.660 |
11 | 11121 | 3.650 |
Price($) | Vol. | No. |
---|---|---|
3.700 | 18866 | 4 |
3.710 | 17124 | 2 |
3.720 | 16153 | 2 |
3.730 | 8486 | 2 |
3.740 | 1376 | 1 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
Featured News
DRR (ASX) Chart |