While i dont disagree. I dislike asic as a measure in thr industry. A lot of times its an accounting gimmick, and companies can structure a lot of costs outside of asic, and its a piss poor measure of profitability.
Also keep in mind that evn asic is so low due to heavy copper credits ftom Ernest Henry. The price of copper is likely to have a far bigger impact on 'asic' than actuslly reducing operational expenses.
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$4.33 |
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2 | 13770 | 4.290 |
3 | 16770 | 4.280 |
1 | 8770 | 4.270 |
5 | 28910 | 4.260 |
Price($) | Vol. | No. |
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4.350 | 3303 | 3 |
4.360 | 21506 | 6 |
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