Some possible ideas:
1) Erosion of IO price. This may be driven by Chinese jawboning about cutting steel production to curb air pollution.
2) Fear that the GRR BOD may not pay a reasonable dividend.
3) Profit taking by traders/investors who bought in much lower (15-20c a year ago).
SP slumped this morning to 64c, very close to the support line. If it can hold this level; great. It may climb again if good dividend ANN.
If it drops below about 62c I'd say support would be broken.
All just IMO; not advice. DYOR
- Forums
- ASX - By Stock
- GRR
- GRR Valuation
GRR Valuation, page-392
-
-
- There are more pages in this discussion • 108 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GRR (ASX) to my watchlist
(20min delay)
|
|||||
Last
24.5¢ |
Change
0.005(2.08%) |
Mkt cap ! $277.7M |
Open | High | Low | Value | Volume |
24.5¢ | 24.5¢ | 23.8¢ | $92.81K | 386.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
42 | 308872 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.5¢ | 200848 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 82955 | 0.240 |
24 | 306878 | 0.235 |
10 | 139853 | 0.230 |
13 | 260911 | 0.225 |
15 | 471056 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.245 | 229521 | 24 |
0.250 | 368980 | 12 |
0.255 | 139512 | 9 |
0.260 | 10356 | 5 |
0.265 | 72000 | 2 |
Last trade - 10.59am 17/09/2024 (20 minute delay) ? |
Featured News
GRR (ASX) Chart |