IMO the "Buyer strike" continues with prices including pellet premiums being driven down. GRR has only shipped approx 800kmt in the past 5 months during which pellet market prices have been at highest levels. GRR is a "price taker" so these delays in production and sales/shipments (in current half-year trading) fulfilled orders and scheduling of ships created a value transfer to major shareholder in the order of A$50 million in less than 6 months. DYOR.
Pellet Price, page-733
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Last
24.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.0¢ | 24.0¢ | $139.3K | 569.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24564 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 261098 | 6 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
