The market is like a chicken with it's head cut off.
Of the Iron Ore companies I am watching GRR is the only one who is trading well below it's book value.
Most IO companies are trading way above their book value. If the market was a rational as most financial anal ysts say all the prices would be different.
More likely the market is just a reflection of the big guys manipulating share prices.
If GRR could market themselves better and sell some of the big risk Southdown project the irrational market would react far more positively
ok i give up it has issues, page-3
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Last
25.5¢ |
Change
-0.020(7.27%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 25.5¢ | $944.6K | 3.609M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 482642 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 2989 | 1 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| GRR (ASX) Chart |