Credible result in a difficult time for the company.
Worst is over IMO - grades up soon (which means pellet premium also goes up) and AUD down.
Dividend is positive as it shows Directors confident in outlook.
Only a price collase in IO standing the way, and there is debate about the reality of that, but I suspect that if China slows too much the AUD will fall more, so some cushion.
when is financial reporting ?, page-21
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Last
38.0¢ |
Change
0.005(1.33%) |
Mkt cap ! $439.7M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.5¢ | 37.5¢ | $355.7K | 937.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 544218 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 123877 | 7 |
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| GRR (ASX) Chart |