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
37.0¢ |
Change
-0.010(2.63%) |
Mkt cap ! $425.3M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 36.5¢ | $79.60K | 212.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 30843 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 55955 | 17 |
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| Last trade - 11.04am 16/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |