All good points LS
IMO you hold GRR because you believe in the medium to long term the IO price will go up sufficiently for GRR to pay consistent and reasonable dividends.
At the end of the day GRR has a very strong balance sheet with liquid assets of $270 m and zero debt - so it can weather an extended period of low to moderate IO prices and negative cash flows.
All good points LSIMO you hold GRR because you believe in the...
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Last
35.5¢ |
Change
-0.005(1.39%) |
Mkt cap ! $410.8M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.0¢ | 35.0¢ | $238.5K | 668.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 178600 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 9266 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |