maybe a few weak holders thinking 16.5c is good price to bail. sometime this week we will get our quarterly which I suspect will confirm we are currently receiving over $140- per ton AUD FOB compared to $100- per ton FOB or less over last 2 years. if that extra $40 per ton pricing remains then this would equate to extra $100 million in cash per annum being received and a serious re-rate coming. i suggest hang on for a few more days and you will regret not buying more. $200M market cap, $150M cash/inventory and potentially making $100 million per annum. something definately needs to give on the upside here. AGO, FMG have had their runds. MGX and GRR starting to fire up.
maybe a few weak holders thinking 16.5c is good price to bail....
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Last
26.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $60.19K | 231.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 251646 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 47449 | 5 |
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| Last trade - 12.37pm 04/12/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
