GRR 0.00% 26.0¢ grange resources limited.

First time for a long time, page-4

  1. 406 Posts.
    lightbulb Created with Sketch. 51
    I'm not disagreeing with stantrent71's suggestion at all, but given (i) GRR has a controlling majority shareholding (ii) there is limited liquidity in the company's shares (for large investors) and (iii) the board's miserly dividend policy and (iv) the board's on-going indifference to the share price, I have to ask why anyone would want to prop up the share price ? The only sensible answer I can come up with is that whoever is doing it has a position which they want to get rid of which is too large to sell on market without driving the share price down and they are trying to force investors who do want to buy to bid above their bids?
 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
(20min delay)
Last
26.0¢
Change
0.000(0.00%)
Mkt cap ! $266.1M
Open High Low Value Volume
26.0¢ 26.5¢ 26.0¢ $89.94K 342.3K

Buyers (Bids)

No. Vol. Price($)
12 113564 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 361172 21
View Market Depth
Last trade - 15.18pm 03/12/2024 (20 minute delay) ?
GRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.