As the quarter is nigh ended, it seems a good time for a wild backside guess. My tip is:
~ volume sales 550kT
~ average price (USD) $92/t, FOB
~ average AUD/USD $0.77
~ average C1 costs A$71 / tonne
=> C1 margin A$21 /t
~ wild guess inventory build 150kT
=> significant cash accumulation (+A$25m??)
If I'm half right, cash balance vs market cap will be embarrassing!
Iron ore port stocks, page-22
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Last
28.0¢ |
Change
0.005(1.82%) |
Mkt cap ! $324.0M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 27.5¢ | $282.6K | 1.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 67159 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 189088 | 5 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| GRR (ASX) Chart |