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I recall you ridiculing Stantrent when he suggested that the shares are worth 24c - they ended up going to 27c. By my estimation, you exited at about 14c, so you were way off the mark on that occasion.
GRR's net assets are more than 20c per share, they generated earnings of 8c per share in 2016 and their break-even is well below a US$50 IO spot price.
Just because you take a narrow view of valuation based on net cash backing doesn't mean everyone else should.
Dwarves and Middle Earth, page-26
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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 |
