The sole reason this share price has dropped is because flightly irrational emotive small holders are not happy to recieve a dividend. Instead they a selling to drop their cash into something else....God knows where you can find a stronger no brainer than GRR.
Alot of this is no doubt fear regarding Chinese involvement. Chinese are the same as Australians, they are capitalists too only they seem to have a view that extends beyond 1 week.
I'll check back in at the next quarterly, we will see proof of management being able to continue to operate a business at record profitability.
Ann: Dividend/Distribution - GRR, page-182
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $358.7M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 32.3¢ | 31.0¢ | $465.1K | 1.472M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 131681 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 28097 | 3 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| GRR (ASX) Chart |