I'm no expert but I think the market cap reflects what I think would be money in the bank at this stage ... my opinion... that's not valuing the business nor its assets . grr produces high grade pellets , which are in high demand and , I think , the demand will grow hence the price will too .
My opinion is that a realistic share price should be upwards of 0.25 and if they can get Southdown going , which I think they will in time , the share price could be anything
Am happy to hold this as the product is good , unlike some of the low grade ore in WA , it pays a dividend
and has , I think , a great outlook for high capital appreciation ... just my thoughts duveike
Most of the guys posting here have much more knowledge and understanding of GRR than I do so I hope they respond to you as well ... enjoy the ride duveike
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Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $266.1M |
Open | High | Low | Value | Volume |
24.0¢ | 24.5¢ | 23.5¢ | $96.74K | 403.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 311733 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 11914 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 22/11/2024 (20 minute delay) ? |
GRR (ASX) Chart |