Maybe doing the following will give you some clue to the answers:
1. Have a good read on EACH of the quarterly report in this/last year, how much details can you learn from it?
2. When pellet price skyrocketed did GRR ever increase their cash?
3. Do you, or anyone in this forum know the largest shareholder Chinese Shagang' motive of control?
I can only say GRR is different from other iron ore miners, in a way of disclosure, management' cultural background, market communication and business strategy.
GRR maybe cheap, but with good reasons.
I am still holding, but getting worried if good pellet price can't move the SP up, then a bad pellet price can move it, DOWN!
Maybe doing the following will give you some clue to the...
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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 |
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| Last trade - 12.37pm 04/12/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
