You mean magnetite. It just makes sense that Labor has to loose if any form of pre -super tax valuation model is applied.
However as GRR is a miner, the prospect of no debt, continual exposure to high IO price and able of fund initial Southdown expenses is surely a big plus.
The MRRT on high capex magnetite miners does not put an attractive valuation on the company. We still have the consultation to argue the case at the worst scenario. All thanks to Rudd/Gillard handy work!
ta, page-13
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Last
23.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $271.9M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 24.5¢ | 23.5¢ | $821.6K | 3.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 379570 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 126622 | 5 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |