more than 90% increase of iron ore lump or 130% increase in the pellets is inevitable. rockets, your pridiction was correct and the reason share price been gone up heaps the last few days, due to GRR is a producer, and the 59-60c share price is relative too low for the real valuation of the stock.
like i said longterm ago, there are company trading at hype more than $300m-500m market cap, not even a producer yet, the future for those company is totally unknow, only purely a prediction.
at least, GRR we know who is behind us, the largest private steel mills, rio tinto and other large trading houses.
let us have another fatasic run next week.
vales pellet price 130% increase in europe, page-7
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Last
32.3¢ |
Change
0.008(2.38%) |
Mkt cap ! $373.2M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.5¢ | 31.0¢ | $380.9K | 1.203M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 333735 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 288599 | 31 |
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| Last trade - 14.55pm 31/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |