Why hasn't the price risen in response to the change in pricing index?
As per custeel the 65% index is $USD13 dearer than the 62% index - that's almost AUD$20.
Times that by 2 million tonnes in sales and you've suddenly got another $40 million in sales on a per annum basis.
What am I missing - shouldn't this alone rerate the stock forgetting fact they've generated $50 million in cash after paying out $23 million in dividends over the last 12 months.
Ann: GRR - Quarterly Report for 3 months ended 31 December 2018, page-24
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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 |
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| GRR (ASX) Chart |
