The strategy of buying $50m of BHP and RIO still makes absolute sense today.
It could be even more if the cashflow from operations was used to pay the interest bill on borrowings used to fund purchases 2-3 times larger.
Robert Holmes a Court here we come!!!!
There are so many variations on this concept its not funny.
The only thing that it highlight's is the Board's complete lack of imagination.............
GLTA
Ann: AGM Presentation, page-16
-
- There are more pages in this discussion • 22 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
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 23.5¢ | $96.74K | 403.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 311733 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 11914 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
