Same here captain my first purchase was 68c in 2011 my best purchase is 8.5c in 2014 (I think we reached 8c in 2016 also) anyway even though I am not happy with current SP I have adjusted my trading in GRR I have a core holding and a small parcel of shares I occasionally trade. Dont really think just holding in the bottom drawer works to well with GRR over the years I have learnt we could be trading below 20c again in the blink of an eye you got to take some capital gains off the table. Heard all the conspiracy theories about why the SP is where it is to be honest I am not sure but what isnt helping is the lack of any presentations or roadshows.
I think with Shagang holding most of the shares a takeover or buyback wont be happening anytime soon unless Shagang launches one.
Iron ore price, page-84
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Last
27.5¢ |
Change
0.015(5.77%) |
Mkt cap ! $318.2M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 28.0¢ | 26.0¢ | $741.2K | 2.757M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 62532 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 52141 | 3 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| GRR (ASX) Chart |