Don't you worry, they WILL take the small shareholders for granted.
Shagang decides what will happen, SD yes or No, higher dividend or helping a friend out with a real estate venture.
Almost cash backing, but not clear what cash will be used for, so trading below cash is highly probable.
Combined with a severe free fall of the IO prices ( another 3% lower) margin went down from AUD 300 to AUD 135...woow in litlle more then 1 months...and declining. Be prepared for 1 cent div in feb 2022, with or without SD deal...
Don't you worry, they WILL take the small shareholders for...
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 (20min delay)
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Last
40.5¢ |
Change
-0.005(1.22%) |
Mkt cap ! $468.7M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.0¢ | 40.3¢ | $446.2K | 1.098M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 177216 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 5394 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
41.0¢ |
Change
-0.005 ( 0.07 %) |
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| Open | High | Low | Volume | ||
| 40.5¢ | 41.0¢ | 40.3¢ | 386032 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| GRR (ASX) Chart |