yep, futures hammered.
130 price + 40 pellet premium at 70c aud give around 240 aud per tonne, production costs around $100 give us 140 approx profit.
this is around 85 mill a quarter or 340 mill a year… big reduction but still a very profitable business..
Don’t think this will last and think spot prices will bounce soon, we will see!
all my opinion and definitely not advice.
yep, futures hammered. 130 price + 40 pellet premium at 70c aud...
-
- There are more pages in this discussion • 90 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
37.5¢ |
Change
0.010(2.74%) |
Mkt cap ! $434.0M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.0¢ | 36.8¢ | $355.7K | 952.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29999 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 61833 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |