The Your Money (Foxtel) session referred to above was on about 12.31pm AEDT. David Novac said he had met with Chair & CFO last week in Perth. He has provided Chair & CFO with a number of recommendations.
He suggested to them (i) cleaning up about 1,000 shareholders who hold unmarketable parcels via off-market buyback (ii) appoint an Investor Relations executive; (iii) have independent report produced for inclusion on the balance sheet. Had high level of optimism that 12 month net profit (Period ended 31 Dec 2018) was much higher than $100m and PE of 2x. The other key words he corrected the other commentator was that GRR was a pure magnetite iron ore pellet producer. He also stated his intrinsic share valuation was between $0.50 and $0.60 and he was not selling.
The Your Money (Foxtel) session referred to above was on about...
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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 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
