As the ESG becomes more fashionable, institutional investors are running out of options. They can't continue accumulating already overpriced ESG compliant stocks or new listings with a "green" story without much else. I view GRR as a second tier ESG stock as magnetide pellets require much less energy to convert to steel. So, ESG friendly investors seeking iron ore stocks may discover GRR anytime. That is at least one tailwind for you. On the other hand, markets are entering a period where a stock's resistance to HEAD winds will become much more important. And GRR is well positioned for that with its balance sheet, Chinese connection and reliable dividend history.
As the ESG becomes more fashionable, institutional investors are...
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
41.0¢ |
Change
0.010(2.50%) |
Mkt cap ! $474.5M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.3¢ | 39.0¢ | $1.226M | 3.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 108378 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 2923 | 1 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
|
|||||
|
Last
41.0¢ |
Change
0.010 ( 2.24 %) |
||||
| Open | High | Low | Volume | ||
| 40.3¢ | 41.3¢ | 39.0¢ | 1092399 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
| GRR (ASX) Chart |