The big opportunity is that the market realises the IO companies like GRR can not only survive. But also prosper
If one takes a PE of 4-5c and uses an average resource industry PE of 15 then one can see the possibilities
Even on a PE of 5 a share price of 20c is possible so the upside is large.
What we need to see earnings consistency and then the market will ascribe the appropriate PE
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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($) | Vol. | No. |
---|---|---|
26.0¢ | 47449 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 12.37pm 04/12/2024 (20 minute delay) ? |
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GRR (ASX) Chart |