RE: IOF FACT11 Apr 2016 10:54
Losses reduced to US$467,481 (H1 2014: US$1,303,081);
· Prudent cost control with cash balance at $4,760,784 (H1 2014: $6,270,754 cash and short term investments);
· EBITDA of US$1,409,329 (H1 2014: US$349,466);
· Revenue decreased to $11,062,861 (H1 2014: $13,020,185) as iodine prices fell year over year; and
· Basic loss per share $0.004.
Why is it a great RNS, what is cost per tonne of production vs revenue per tonne? These are basics you should be able to answer as you feel appropriate to comment it's a great RNS.
LTHs aside who I hope will do well, you are here for a few hours to get your exit while ramping as per your history