The sole reason this share price has dropped is because flightly irrational emotive small holders are not happy to recieve a dividend. Instead they a selling to drop their cash into something else....God knows where you can find a stronger no brainer than GRR.
Alot of this is no doubt fear regarding Chinese involvement. Chinese are the same as Australians, they are capitalists too only they seem to have a view that extends beyond 1 week.
I'll check back in at the next quarterly, we will see proof of management being able to continue to operate a business at record profitability.
Ann: Dividend/Distribution - GRR, page-182
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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 |