Not many like resource stocks these days, most punters are chasing stocks like AfterPay APT, already a $4.7 billion company but losing money. You only have to look at the number of HC posts to see the number of investors talking about it and pushing the stock price higher.
However this also tells you what people today think is desirable, ie buy stuff before you can afford it.
There are lots of good stocks like GRR making money and paying dividends but they aren't the IN THING today.
Will the tide turn?
Iron ore price, page-19
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Last
36.5¢ |
Change
0.005(1.39%) |
Mkt cap ! $422.4M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.0¢ | 36.0¢ | $608.4K | 1.666M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22212 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 29809 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |