I have to hand it to you.....that 65 grand purchase about a year ago certainly took more cahunas than I could muster......but, look at the Fortescue punters. A buck to seven. You must have looked at the cyclical nature of iron ore and not just took a punt like the 2011 days, but made a long term investment. Well, for you a shorter term 12- montherish type of investment. Good luck to you. I like these types of stories, and it does show the importance of cash flow to a lot of asx companies.
I dropped 5 grand on these GRR's, but I just received a divi check to soften it a little. Did not matter. Put the rest in MM stock...way up on that. This GRR is such an agonizing experience, take your profits and get out. Buy some BOT or two.
Dividend payment, page-16
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Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $416.6M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 36.5¢ | 35.5¢ | $621.5K | 1.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46745 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 45534 | 3 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |