This would still 50m cash in the bank and should IO drop to as low as $160 inc Lump premium, so lets guess around $145USD they should still make around $50aud net.
7.5 ships for the 4th quarter, 7.5 x 57500 = 430,000 tonnes
430,000 x 50 = 21.5m
I think the saving grace for GWR is the fact they are helping offset falling IO prices with the increase in production.
Even if they only made $25AUD per tonne thats till going to be over 10m a quarter. Versus their EV value by the end of Q3 which at current SP could be as low as 50m.
50m EV making 40m a year.
I know these are all just numbers but you gotta think GWR are in a good position.
The issues is people have low risk appetite when its comes to GWR so theres a very real chance the SP stays down even while the EV is falling.
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Last
7.7¢ |
Change
-0.004(4.94%) |
Mkt cap ! $24.73M |
Open | High | Low | Value | Volume |
8.0¢ | 8.1¢ | 7.7¢ | $30.17K | 384.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 186498 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.2¢ | 75000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 186498 | 0.077 |
1 | 400000 | 0.076 |
2 | 566666 | 0.075 |
1 | 200000 | 0.074 |
1 | 12000 | 0.073 |
Price($) | Vol. | No. |
---|---|---|
0.082 | 75000 | 1 |
0.088 | 62500 | 1 |
0.090 | 100000 | 1 |
0.095 | 20000 | 1 |
0.100 | 91375 | 2 |
Last trade - 15.59pm 06/09/2024 (20 minute delay) ? |
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