I don't see that the price could go much lower in the short term. However I do believe that grange is a good buy at the moment.
With high grade ore getting a decent premium, and the major maintenance completed, it looks like a decent buy.
IMO
Iron ore grades write up today AFR, page-13
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Last
25.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.5¢ | 25.0¢ | $88.75K | 350.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20287 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 160142 | 7 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
