The higher the pellet price rises the worse this stock seems to do. Hard to figure out why the SP continues to fall when it is spitting out more and more free cash flow with next to no debt. I don't believe it is an overhang relating to uncertainty re taxation - otherwise many resource companies would be in the same boat.................
Why the poor performance Grange?
how high the pellet price 2011?.......$250/ton, page-8
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Last
25.5¢ |
Change
0.005(2.00%) |
Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 25.0¢ | $121.6K | 481.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 646656 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 254912 | 42 |
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| Last trade - 15.17pm 10/09/2024 (20 minute delay) ? |
| GRR (ASX) Chart |