The market was expecting a 4c dividend which is why this was trending towards a dollar. Watch the SP trend down to 50c over the coming weeks/months. Cash backing or no cash backing. The market doesn't value cash in the hands of the BOD of GRR. If you haven't figured that out by now you probably never will.
Footmax's predictions of the share price being 25× the bi annual dividend hit the nail square on the head.
I won't buy back until the SP is sub 50c.
Ann: Dividend/Distribution - GRR, page-120
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Last
37.5¢ |
Change
0.010(2.74%) |
Mkt cap ! $434.0M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.0¢ | 36.8¢ | $355.7K | 952.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29999 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 61833 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |