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?
- Forums
- ASX - By Stock
- First time for a long time
I'm not disagreeing with stantrent71's suggestion at all, but...
-
-
- There are more pages in this discussion • 20 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
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($) | Vol. | No. |
---|---|---|
25.5¢ | 160142 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 219779 | 0.270 |
9 | 458580 | 0.265 |
26 | 932290 | 0.260 |
7 | 172530 | 0.255 |
22 | 717920 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 405759 | 8 |
0.280 | 942702 | 17 |
0.285 | 372332 | 13 |
0.290 | 1710676 | 31 |
0.295 | 651900 | 8 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
GRR (ASX) Chart |