Dangerous game valuing commodity producers on backward looking PE ratios - even if you're looking at the first six months of this year - as most commodity prices have changed since then - GRR rec'd A$241.60/t FOB in IH2022 but will be lucky to get A$160/t on average in the second half - and over 95% of that difference is all profit that has disappeared.
It then depends on how the market will value the share - will it be on normal 'historical' pricing over the last year or two or will it be on current pricing as it determines these prices could be with us for an extended period?
Ann: Appendix 4D - Half Year Ending 30 June 2022, page-201
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
27.0¢ |
Change
0.010(3.85%) |
Mkt cap ! $312.4M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 28.5¢ | 26.5¢ | $751.7K | 2.744M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21231 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 106676 | 3 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| GRR (ASX) Chart |