"I calculate 2010 profit then as $88m - basis started year at $247m, less $110m capital return = $137m, now $225m."
You're forgetting CAPEX ie. $20million to build a road to Murin Murin East, $3m to buy Mt Lucky tenements, a sixth autoclave.
CAPEX - "this requires the company to spread the cost of the expenditure over the useful life of the asset".
Those are cash investments rather that expenses, so they don't affect profit, but they do affect cash position.
- Forums
- ASX - By Stock
- MRE
- last chance to buy under 80 cents
last chance to buy under 80 cents, page-21
-
-
- There are more pages in this discussion • 17 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 MRE (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.99 |
Change
0.000(0.00%) |
Mkt cap ! $300.5M |
Open | High | Low | Value | Volume |
$1.99 | $2.00 | $1.99 | $955.3K | 479.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6019 | $1.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.00 | 11000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6019 | 1.985 |
6 | 30383 | 1.980 |
3 | 33006 | 1.975 |
4 | 27652 | 1.970 |
1 | 7500 | 1.965 |
Price($) | Vol. | No. |
---|---|---|
1.995 | 11000 | 1 |
2.000 | 338865 | 13 |
2.010 | 450903 | 5 |
2.020 | 50000 | 3 |
2.030 | 110000 | 2 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
Featured News
MRE (ASX) Chart |