Price Taker! = Average received prices for the quarter dropped to US$108.11/t (A$166.03/t)* (FOB Port Latta) compared with US$159.65/t (A$243.14/t for the December quarter).
Cash and liquid investments of A$271.96 million and trade receivables of A$30.37* million compared with cash and liquid investments of A$282.61 million and trade payables of A$57.73* million for the December quarter. A dividend of $23.47 million was paid during the March quarter.
Iron Ore - Price - Chart - Historical Data - News (tradingeconomics.com)
Iron turned up to USD $109. Look for the SMA50 to Break up through the SMA 200
Return (inc div) 1yr: -33.65% 3yr: 4.03% pa 5yr: 21.33% pa
Chart 1yr look
5Year below:
Watching Developments. The Fe market is very cyclical.
Not Held.
Cash and liquid investments of A$242.34 million and trade receivables of A$43.20* million compared with cash and liquid investments of A$279.29 million and trade payables of A$66.69* million for the March quarter.
Cash and liquid investments decrease was largely due to negative final settlement adjustments due to decreased iron ore prices in April and income tax instalment paid in June.
The average A$ price received during the quarter of A$160.62/t (US$108.12t) (FOB Port Latta), decreased by 29.53% from A$227.93/t (US$156.21/t) for the March quarter.
History of Dividends..
Director: Mike Dontschuk. He / Director could see some value here
Number acquired 10,000 Fully Paid Ordinary Shares.
consideration details and estimated valuation: $5,700 
Ex-dividend 13/9/22
Got some shares here ..will see how these trade. Risk is the Fe market price is below $100 and could trend lower.
Report for the Quarter ended 31st December 2021.
