Correction ""It does NOT need to try and be another BHP".
In fact selling SD now at a premium price makes sense in that by say 2025, the IO price may be half what it is now - not saying will drop that far but it will fall below record prices inevitably at some stage.
Having an improved cash balance in 2025 from the residual sale of SD and annual accumulations, will give GRR a great financial financial position if it wishes to acqure other assets - maybe even buying back SD at a lower price after some one else has popped up with the funds to developed it
GRR Valuation, page-107
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Last
37.5¢ |
Change
0.010(2.74%) |
Mkt cap ! $434.0M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.0¢ | 36.8¢ | $355.7K | 952.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29999 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 61833 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |