Gassin
the key is if IO price holds 90. GRR still have a gap of cash vs. market cap. I estimate cash at about 140 so we still have 75 million that market pays for its margin and profitability.
speaking to GRR, they said that buyers are asking for discount on pellets , so I suspect the advertised pellet price and actual price received may be a little different. In summary, the reason why I sold at 21 and 20.5 is I think GRR's medium term profitability will depend on where IO settles. I therefore would prefer to pay as little between cash and market cap as possible
back from middle earth?, page-5
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 (20min delay)
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Last
25.0¢ |
Change
-0.010(3.85%) |
Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 25.0¢ | $668.5K | 2.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 111945 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 37336 | 6 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| GRR (ASX) Chart |