AUD380/t with unit costs of AUD113/t last quarter. At that rate, and assuming 2.4Mt sold in next 12 months, that is earnings of ~AUD650M. Almost exactly current market cap.
As of mar 31, cash + receivables = $330M => EV AUD300. EBITDA/EV = ~0.5.
Also pellet stockpile of 180,000t, worth AUD68M at current rate.
Nuts, just nuts. I don't know that I've ever seen a relatively low risk business so undervalued.
AUD380/t with unit costs of AUD113/t last quarter. At that rate,...
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
42.0¢ |
Change
0.015(3.70%) |
Mkt cap ! $486.0M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 42.0¢ | 40.5¢ | $617.0K | 1.494M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 88560 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 209628 | 7 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
|
|||||
|
Last
42.0¢ |
Change
0.015 ( 2.97 %) |
||||
| Open | High | Low | Volume | ||
| 41.0¢ | 42.0¢ | 40.8¢ | 292968 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| GRR (ASX) Chart |