Hi, new to this forum and a novice investor
Share price has roughly halved since Jan / Feb whilst iron ore price is down circa 25% in the same period. Good cash reserves, paid dividend last 2 years.
Trading below asset value and around 3.5 PE and 1:1 vs sales. Long life asset.
Negative sentiment around China growth notwithstanding (for the iron ore experts out there) , what am I missing?
Hi, new to this forum and a novice investor Share price has...
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Last
25.0¢ |
Change
-0.005(1.96%) |
Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.0¢ | 25.0¢ | $974.2K | 3.812M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 232004 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 266136 | 3 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| GRR (ASX) Chart |