ADY 0.00% 1.1¢ admiralty resources nl.

Price and profitability are not that closely linked. Here's a...

  1. 295 Posts.
    Price and profitability are not that closely linked. Here's a trivial example: low gold prices mean profits for only a few, high gold prices catch out those who hedged their bets lower, fuel prices come into it, chemical costs come into it, ....

    If this company can turn a profit, it will do it regardless of the iron ore price.
 
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