I wouldn't like to say porpy7777. I can only say that I've been...

I wouldn't like to say porpy7777. I can only say that I've been trading GRR over quite a few years, never lost but I have been in over my head when I paid too much but then bought in big at below 10c - so you can do it. I have been completely surprised with management of the company, even now with record premium pellet prices where are the announcements ? The econometrics all stack up, $195M cash in bank, NTA 38c, AU$230/t for pelletts.....its the unknown with management thats the problem IMO - you don't know what they will do with our profits and who knows what C1 will be ? The FF 2c divy FY17/18 should have been 3-4c IMO and that would put a rocket on the SP. The SP has been range trading between 16-19c since the winter steel reduction policy in China ended in March this year, it had lifted from 19c since the announcement on the 1c divy on 28/8/19 and I don't know if the market has factored in pellett price. The premium on pellett price hasn't been this high since 11/12 as someone remarked and when they declared a 5c divy consequently the SP was much higher.