Question on the SP - can we see the sp now start to nudge up as we close in on the end of the financial year? An update on the quarterly results can only be 5 or 6 weeks away.
Regardless of what we have been saying that GRR is invisible to the general market, I think the market can see a bargain - even if that is just around dividend time and anyone reading HC would know that GRR has delivered huge results this year and hav a huge cash reserve.
True value for GRR has to be above 70 cents and maybe as high as 90 cents to $1. So, today's little jump could be the beginning of that move.
Notice that none of the main IO producers did anything more than half our percentage gain today.
Next Ship, page-193
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Last
38.0¢ |
Change
0.005(1.33%) |
Mkt cap ! $439.7M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 37.5¢ | $163.4K | 431.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 115884 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 138432 | 22 |
View Market Depth
| Last trade - 10.56am 15/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |