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
The strategy of buying $50m of BHP and RIO still makes absolute...
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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 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
