The only thing that needs to change is the iron ore price.
Grange has been around long enough to pull through the peaks and the troughs.
at below $100 chinese mines start struggling. At below $90 most of them shut down. So i think we may have found a bottom, still early but its showed a good bounce on Friday and today.
If European steel mills are forced to shut down that will push up steel prices as well as demand from china mills that can provide the shortfall.
Ann: Appendix 4D - Half Year Ending 30 June 2022, page-123
-
- There are more pages in this discussion • 81 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
24.5¢ |
Change
-0.005(2.00%) |
Mkt cap ! $283.5M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 26.0¢ | 24.5¢ | $1.010M | 4.058M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 141035 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 5423 | 2 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| GRR (ASX) Chart |