XAO 0.70% 8,539.0 all ordinaries

Short Term Trading Week Starting: 27 May, page-110

  1. 3,612 Posts.
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    STTCOMP GRR FA LONG

    SOI : 1.157Bn
    SP : 0.27
    MC: $312.4m
    Cash/Cash Equivalents on hand : $207m
    Total assets: $608m
    Total liabilities : $130.1m
    2018 operating costs : $98 AUD/tonne Avg
    2018 Avg realised price of iron ore product : $149 AUD/tonne


    Seems extremely undervalued given their current cash on hand and the booming iron ore price, has appreciated in share price but is yet to have a big re-valuation like the larger players have had, Think this is going to do great over the next 3 months provided IO price holds relatively level.

    Have a large pellet stockpile, production costs are decreasing and volumes are increasing alongside price for their product.

    Overall looks very good and management seem to have really pulled things together over the last year in every aspect.
 
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