AGO market cap $238mil (@2.6c), GRR market cap $156mil (@13.5c)
AGO is valued 52.5% higher than GRR. That's just not right!
'The Market' is not that silly. There's more at play with GRR's sp & valuation than just natural market forces.
IMO 'someone' lost a few million shares last week, and they'll be pulling on the reigns (halting sp momentum) until they get those back. My guess sp won't get much higher than 14c and be slowly worked back down over coming weeks or next couple of months. The buyers/traders don't have enough fire power to overwhelm the 'forces at work' responsible for restraining the market valuation of GRR by so much for so long. 52.5% below AGO! The numbers don't add up for me, but maybe they do for 'someone'?
***
Still trading at Disc to Cash. Why?, page-512
-
- There are more pages in this discussion • 146 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
26.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $60.19K | 231.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 251646 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 47449 | 5 |
View Market Depth
| Last trade - 12.37pm 04/12/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
