I likewise see the undervaluing of GRR, but one main reason it’s SP remains low to NTA is the fact that it is a one mine company. Yeah, great revenues coming in but what about future growth? Too much capex to do anything alone with Southdown, and not sure the billion+ needed is likely to be forthcoming.
However, having said that it’s worth accumulating < 20 cents cum dividend which I will likely do...DYOR
I just don't get the market?????, page-7
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Last
25.5¢ |
Change
0.010(4.08%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.5¢ | 24.5¢ | $277.9K | 1.118M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8697 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 300014 | 8 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
