CAY 0.00% 15.0¢ canyon resources limited

News: CAY Cameroon signs bauxite deal with Canyon Resources, page-24

  1. 695 Posts.
    lightbulb Created with Sketch. 104
    Irr is the ebit as a percentage of capital invested
    i.e. 50m profit on a billion investment is 5%
    obviously there's benchmarking against what other companies achieve and a minimum expectation

    this is to stop us claiming huge writedowns or profit shifting to avoid tax etc
 
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