CAY 2.67% 7.7¢ canyon resources limited

Irr is the ebit as a percentage of capital investedi.e. 50m...

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    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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