Over the last couple of years there have been some issues with grr profitability. Firstly there was a wall collapse, then during strong iron ore prices we had strong aud affecting aud price received l, finally the significant and unviable price drop in iron ore prices.
Now we have diversity in the mine, a weaker aud and strong iron ore prices which are all favourable for grr. Based on this I think we are dealing with a short term pullback that broke 20 to bring out the panic selling. We rose from 15 to 26.5 within a month so we are merely consolidating before next surge.
Maybe with iron bouncing again on Friday we may have seen the worst for now.
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Last
25.8¢ |
Change
0.008(3.00%) |
Mkt cap ! $300.9M |
Open | High | Low | Value | Volume |
25.5¢ | 26.0¢ | 25.0¢ | $166.2K | 652.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 228254 | 25.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.0¢ | 312597 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 228454 | 0.255 |
18 | 571923 | 0.250 |
10 | 217903 | 0.245 |
27 | 465896 | 0.240 |
13 | 314266 | 0.235 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 312633 | 22 |
0.265 | 190659 | 11 |
0.270 | 150995 | 5 |
0.275 | 283986 | 6 |
0.280 | 97200 | 3 |
Last trade - 12.29pm 11/09/2024 (20 minute delay) ? |
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GRR (ASX) Chart |