Let this sink in Sherlock, I'll write slow so you can keep up. Todays announcement wrt to contract pricing, equates to AUD$9,450pt on a SC6% basis, and our run rate on a SC6% basis is 145kt / quarter, I think that = $1.37 bill / quarter, but wait, there's more, 10kt BMX auction sales of ~$113 mill, which may be a monthly occurrence for rest of FY.
I'm sure you are aware that the current down trend is manufactured, are you aware?
Now I'll leave it to you to assess if this is a screaming buy around current prices, or not. I'll give you a hint, "its not rocket science" but I believe growing a third one will be important for your development.
Let this sink in Sherlock, I'll write slow so you can keep up....
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Last
$2.88 |
Change
-0.020(0.69%) |
Mkt cap ! $8.671B | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.93 | $2.84 | $50.85M | 17.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 179945 | 5 |
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